Report: Tweeter CEO Out

Boston George Granoff, CEO of Tweeter Newco, has left the consumer-electronics chain after 13 months, apparently following a disagreement with its New York investment firm owner, Schultze Asset Management Group, according to the Boston Herald. Schultze acquired the former Tweeter Home Entertainment Group for $38 million in a bankruptcy auction last year.

An industry source told the Herald that Granoff had a "falling out" with Schultze over the direction of the company.