The board of directors at Ebony has removed CEO Willard Jackson, the magazine said Sunday, citing an ongoing independent investigation into "a number of transactions that Jackson led." A co-founder and vice chairman of Clear View Group (CVG), the private equity firm that acquired Ebony from Johnson Publishing in 2016, Jackson had been serving as Ebony's chairman and CEO since 2018. The board's decision, however, was made under newly elected chairman Jacob Walthour, the co-founder and CEO of Blueprint Capital Advisors, which recently became senior lender to Ebony Media Holdings after taking over Parkview Capital Credit, the investment management firm that had financed CVG's 2016 acquisition of the magazine through a series of loans. "We took over Parkview Capital Credit on April 29, and then I immediately went on the board in May," Walthour told Folio: on Monday. "Our first board meeting was when we started asking a lot of questions." Walthour didn't share many specifics on the decisions that precipitated Jackson's removal as CEO, but said there were "a number of transactions, both corporate and personal" that raised concerns. Clear View Group did not immediately respond to a request for comment. "At this stage in the inquiry, we felt like there was enough ‘there’ there to affect a leadership change," Walthour said. "A lack of transparency was part of it. More troubling was a failure to follow the process and protocol of the company. There are certain transactions that... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-07-06 17:59:58 UTC ]
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Cevin Bryerman has been promoted to CEO of PWxyz, parent company of 'PW,' and remains publisher of the magazine. Carl Pritzkat has been named chief operating officer, while Jim Milliot, Diane Roback, and Jonny Segura have been promoted to senior v-p. Joe Murray and Ryk Hsieh have both been... Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-08 04:00:00 UTC ]
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While Nourry's concern was known about the future integrity of Hachette Livre amid potential acquisition, his departure is an abrupt one. The post Arnaud Nourry Departs as CEO of Hachette Livre appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-03-29 19:58:15 UTC ]
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Patrick Allaway’s announcement comes a day after the company’s newspapers reported on an investigation into deputy chairman Nick FalloonThe Nine Entertainment board is facing another shake-up after the sudden resignation of a director just three months after the chief executive, Hugh Marks,... Continue reading at The Guardian
[ The Guardian | 2021-03-02 06:44:21 UTC ]
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The Ministries is the umbrella organization for Tyndale House Publishers and the Tyndale House Foundation, which supports Christian charities. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-03-01 05:00:00 UTC ]
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Emily Layden’s debut follows a parade of characters at a school that’s reckoning with its past mistakes. Continue reading at The Washington Post
[ The Washington Post | 2021-02-25 06:43:17 UTC ]
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Alison Shaw, c.e.o. of Bristol University Press (BUP), has become the first university press c.e.o. to be elected as a Fellow of the Academy of Social Sciences (AcSS). Continue reading at The Bookseller
[ The Bookseller | 2021-02-18 07:01:09 UTC ]
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Almost 40% of investors in UK’s biggest magazine publisher fail to approve controversial planFuture, the UK’s biggest magazine publisher, home to titles from Country Life and Total Guitar, is to introduce a controversial bonus scheme that could award its chief executive £40m, after a bruising... Continue reading at The Guardian
[ The Guardian | 2021-02-10 17:29:01 UTC ]
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National Book Critics Circle board member Charles Finch has retracted his public criticism of author Brandon Taylor, a finalist for this year's John Leonard Prize, after an uproar about racism, bias, and conflict of interest. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-02-04 05:00:00 UTC ]
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After 27 years, Jeff Bezos, the entrepreneur who turned an online bookstore into one of the most powerful companies in the world, announced his plans to step down as Amazon CEO. In an email to employees on Tuesday, Bezos said the transition will come in Q3, at which point he will become... Continue reading at AdWeek
[ AdWeek | 2021-02-02 21:43:59 UTC ]
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Jeff Bezos, founder and CEO of Amazon, will hand over the CEO duties to Andy Jassy, head of Amazon Web Services, this summer. The company reported that sales in the year jumped 38% over 2019, to $386.1 million, and earnings skyrocketed 84%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-02-02 05:00:00 UTC ]
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David Steinberger is stepping down as CEO of Arcadia Publishing and will be succeeded in the role by Brittain Phillips, currently director of business development. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-01-26 05:00:00 UTC ]
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Emilia Fox is to read the audiobook of Sorrow and Bliss by Meg Mason, publishing with Weidenfeld & Nicolson in February. Continue reading at The Bookseller
[ The Bookseller | 2021-01-14 18:36:31 UTC ]
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In his address to the APE conference, the Springer Nature CEO makes a determined case for gold over green open access. The post Springer Nature CEO Vrancken Peeters: Case for Gold Open Access appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-01-12 21:28:45 UTC ]
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When my wife and I were expecting our first child, a friend described it as “the ultimate deadline.” Many writers I’ve known since have determined to finish their books before a baby arrives. Some do, of course, but the deadline wasn’t so ultimate in my own case. I was five years into my first... Continue reading at Literrary Hub
[ Literrary Hub | 2021-01-05 09:49:10 UTC ]
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Bonnier Books UK has appointed Greg Evaristo to its board as a non-executive director. He will also be contributing to the business' people strategy, with a particular focus on the ongoing development of its diversity and inclusion plan. Continue reading at The Bookseller
[ The Bookseller | 2020-12-09 09:07:22 UTC ]
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Robert Thomson, CEO of HarperCollins parent company News Corp, said during the company's annual meeting that a purchase of Simon & Schuster by Penguin Random House "will clearly be a serious antitrust issue." Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-19 05:00:00 UTC ]
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Subscribe on Podcasts | Spotify | SoundCloud | We’re joined by Tom Zoellner, award-winning author and the LA Review of Books Politics Editor. Tom and the co-hosts talk about the election, the tenor of the online political debate, and the future of patriotism. We also discuss Tom’s new book, The... Continue reading at Los Angeles Review of Books
[ Los Angeles Review of Books | 2020-11-13 17:43:52 UTC ]
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The Simulmatics Corporation also sought to predict riots and influence Vietnam, Jill Lepore writes. Continue reading at The Washington Post
[ The Washington Post | 2020-11-13 13:00:00 UTC ]
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Yesterday, as senior Republican officials continued to indulge President-unelect Trump’s election fantasies, his claims of widespread voter fraud continued to be baseless, and reporters continued to point that out. Republicans in various states have made mountains out of procedural molehills and... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2020-11-11 13:19:27 UTC ]
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From meditation to rest, books publishing between now and early 2021 explore ways to heal divisions, find peace, and love thy neighbor. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-11 05:00:00 UTC ]
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