William Reik , a Wall Street investor, is a Northern Kentucky native, graduating from Highland Heights High School and the University of Kentucky Law School. He is managing director of William D.Witter Inc. in New York. After growing up a Reds' fan in Fort Thomas, Ky., he worked for seven years to get into ownership when the call came from Marge Schott on July 8, 1985. Cincinnati-based American Laundry Corp. In 1992, Strike called for Schottto be barred from baseball for life if she had made racist remarksattributed to her. Until recently, he served as chairman of the University of Cincinnati board of trustees.
Reds fans can expect a very different management style.
Mrs. Schott loves the spotlight. Exactly which of the three buyers owns the two general partnership shares that control the team was not disclosed, but sources involved in the negotiations said Mr. Lindner is the head of the new controlling group. The structure of the new controlling group remains unclear, however. Mr. Reik said details have not been worked out because of the emphasis on completing the transfer of ownership. Mr. Allen, who has run the Reds since Mrs. Schott's suspension and guided them back to financial solvency after she spent the club into debt, will continue to run the club until the sale is approved.