Dennis Hamilton
Director of Consulting
dhamilton@publicradiocapital.org
Dennis joined Public Radio Capital in 2005. As Director of Consulting, Dennis works with public radio station managers and boards to strengthen operations, design growth strategies, and develop station acquisition business models. Dennis has over 30 years of experience in public radio and serves on various public radio national boards and policy review panels. Dennis spent 25 years in executive positions at Minnesota Public Radio focusing on station management, radio technology, business innovation and modeling, as well as program production and distribution. Awarded the Bush Foundation Leadership Fellowship, Dennis earned a master’s degree in public administration from Harvard University in 2000.
“Our goal is to preserve and grow public radio and when our work enables our clients to reach their goals then we succeed. ”
Dennis
Marc Hand
Managing Director
Co-Founder
mhand@publicradiocapital.org
Marc co-founded Public Radio Capital in 2001 with Susan Harmon and serves on PRC’s board. As Managing Director, Marc builds strategic public radio alliances, educates financial institutions on public radio investments, and provides expertise on all aspects of public radio transactions. During his 28 years in the Radio Industry, Marc has held various positions including: Managing Partner and co-owner of a group of commercial stations in Colorado; Vice President of Questcom Radio Brokerage representing station owners in sales, acquisitions, mergers and financial restructurings; Executive Director of Western Community Bilingual radio; founder of four stations; and consultant for CPB, NPR, and NFCB. Marc spent five years at the Station Resource Group (SRG) helping public radio stations expand services via acquisitions, collaborations and partnerships, leading to the development of PRC.
“PRC helps stations build future revenues. By pursuing the best options for financing, we are helping organizations reach their goals for improving public radio service, developing new audiences and generating revenues that otherwise might not have been attainable. ”
Marc
Susan Harmon
Managing Director
Co-Founder
sharmon@publicradiocapital.org
Susan co-founded Public Radio Capital in 2001 with Marc Hand and serves on PRC’s board. As Managing Director, Susan has primary responsibility for PRC’s philanthropic support, strategic planning and communications, and Public Radio Fund investor relationships. Susan brings over 30 years of public radio experience to PRC’s consulting projects. She worked as the Vice President of North Texas Public Broadcasting (KERA-TV-FM in Dallas/Ft. Worth) for 14 years, and was actively involved with capital fundraising, finance, strategic planning and board of directors communication. In this role, she helped lead an $8 million capital campaign to develop a state-of-the-art telecommunications facility and expand public radio services. Prior to this, Susan worked as the general manager of WAMU in Washington, D.C. Throughout her career, Susan has served in leadership positions on national public radio boards of directors, including NPR, PRI and SRG, which she helped found in 1984.
“We are a pioneering nonprofit organization, combining philanthropy and earned income to accomplish something really important for American life - the increased impact of independent, trustworthy public media.”
Susan
Anne Benedict Hovland
Director of Development
ahovland@publicradiocapital.org
Anne joined Public Radio Capital in 2007. As Director of Development, Anne is responsible for developing philanthropic support and consulting with clients on development strategies. She has over 30 years of experience in development, management and marketing. Anne spent 12 years at Minnesota Public Radio where she led fundraising efforts as Chief Development Officer. She worked five years at the Hazelden Foundation as the Executive Vice President of Development. She has served as the chairman of the board for DEI, public radio's fundraising and marketing service organization. Anne earned a master’s degree in education administration from the University of Wisconsin.
“As an experienced, entrepreneurial and agile organization, PRC is uniquely positioned to help public radio organizations achieve long-term sustainable growth.”
Anne
Evran Kavlak
Consulting and Credit Manager
ekavlak@publicradiocapital.org
Evran joined Public Radio Capital in 2005. He has primary responsibility for overseeing business plans, financial models, and station valuations for clients. Evran also serves as the project manager on a number of client engagements. In addition, Evran reviews credit analyses, structures loans and monitors loan activity for the Public Radio Fund. Prior to joining PRC, Evran served as an accounting assistant at KPBS Public Broadcasting in San Diego. Evran began his career in Istanbul, Turkey at an investment trust firm, evaluating the financial conditions of publicly traded stocks in a variety of industries. Evran earned a master's degree in finance from California State University in San Diego and a bachelor’s degree in management engineering from Istanbul Technical University in Turkey.
“PRC team members help clients find positive outcomes to the challenges they face in a competitive marketplace and to see their future clearly.”
Evran
Erik Langner
Director of Acquisitions and Legal Affairs
elangner@publicradiocapital.org
Erik joined Public Radio Capital in 2005. As Director of Acquisitions, Erik is primarily responsible for managing brokerage, acquisition and financing transactions for PRC and its clients. Erik was an associate at the law firms of Latham and Watkins LLP in San Francisco and Kirkland and Ellis LLP in New York, where he gained extensive transactional experience negotiating and structuring private equity fund acquisitions. Prior to this, Erik worked at the United Nations Office of the High Commissioner for Human Rights in Geneva, where he advocated the human rights implications of burdening a developing country with excessive levels of foreign debt. Erik's interest in radio began when he was the manager of KSMS, his high school radio station. Erik graduated cum laude from the Northwestern University School of Law.
“PRC brings a deep understanding of other stations’ management and operational models to our clients, providing a ‘best practices’ component to our business consulting.”
Erik
Erin Moran
Chief Financial Officer
emoran@publicradiocapital.org
Erin joined Public Radio Capital in 2002. As Chief Financial Officer, Erin has primary responsibility for overseeing PRC’s financial affairs and administration, and participates in PRC’s board meetings. In addition, she oversees the Public Radio Fund. Prior to joining PRC, Erin held various management roles at Key Equipment Finance including Vice President of Global Integrations and Director of Internal Audit, Tax and Investment Programs. Erin worked for Key in Europe as the European Finance and MIS Director. In this position, she oversaw the finance functions in ten countries, including budgeting, forecasting, reporting, regulatory and statutory audits. As a senior member of the European Management team she was involved with strategic planning for the $250 million business unit. Erin is a licensed CPA (inactive) in Colorado, a member of the AICPA, and an adjunct instructor at Leeds Business School at the University of Colorado.
“We are a flexible and efficient organization and as a result we can quickly respond to client requests.”
Erin
Terri Olsen
Accounting Assistant
tolsen@publicradiocapital.org
Terri joined Public Radio Capital in 2004. She has primary responsibility for the day-to-day accounting function at PRC and its LLCs, including the processing of all bills and generation of client invoices. Terri also assists in PRC’s human resources. Terri has previously worked as a Customer Service Representative for Bowne of Denver, where she coordinated all aspects of the printing of clients’ financial documents. She is currently pursuing her degree in Accounting.
“People are passionate about their work at PRC, but they find time to laugh too, that’s important.”
Terri
Russ Otten
Financial Analyst
r.otten@publicradiocapital.org
Russ joined Public Radio Capital in 2010. He has primary responsibility for preparing financial analyses, business models and station appraisals for clients. Russ also tracks industry trends, station prices and emerging radio technologies. Prior to joining PRC, Russ interned in operations at UBS Investment Bank in London. Russ earned a bachelor's degree in Finance, with a minor in economics and a certificate in International Business from the University of Colorado. While at CU-Boulder, Russ served as a Research Assistant at the Leeds School of Business and as an academic tutor.
The work of Public Radio Capital's staff is complemented by an experienced team of broadcasting, financial, and legal consultants who help manage PRC transactions.
A key relationship is with Fred Marienthal, Partner, Kutak Rock, LLP, one of the nation's largest and most active law firms serving as bond counsel to governmental agencies and nonprofit organizations.
