Bob Pfeifer was named President of the label in March 1995 after a whole year without a President .
Problems continued to the label and Bob Pfeifer was fired in 1997 , after the label revealed that Bob Pfeifer had lost over 150 million dollars since 1989 .
Bob Pfeifer was named President of the label in March 1995 after a whole year without a President , but problems continued to the label and Pfeifer was fired in 1997 , after the label revealed that he had lost over 150 million dollars since 1989 .