Under Newly Elected Chairman, Ebony Board Ousts CEO

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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6 Questions for 1843, The Economist’s Newly Relaunched Lifestyle Mag

The Economist Group has relaunched its quarterly lifestyle title, 1843, with a new editor and new design, promising deep dives into style, food, travel and technology—feature articles on the topics that might interest readers of the company's flagship magazine, but wouldn't necessarily appear in... Continue reading at Folio Magazine

[ Folio Magazine | 2019-04-02 00:00:00 UTC ]
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Beast Mode: Daily Beast CEO Heather Dietrick explores the power of the news publisher’s brand

The Gawker alumna has focused on diversifying the midsize news publisher's revenue streams and growing the size of its loyal audience. The post Beast Mode: Daily Beast CEO Heather Dietrick explores the power of the news publisher’s brand appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-03-25 00:00:00 UTC ]
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From Europe and the UK: Two CEOs at London Book Fair’s Quantum Conference

Core values, the essential relationship of author and publisher, and the fundamental efficacy of reading anchored the morning and afternoon of London Book Fair's 2019 Quantum. The post From Europe and the UK: Two CEOs at London Book Fair’s Quantum Conference appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-03-11 00:00:00 UTC ]
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Alexander joins board for New Writing North

Literary agent Clare Alexander is one of three new trustees to join writers’ development agency New Writing North along with education expert Mike Parker and writer Degna Stone. Continue reading at The Bookseller

[ The Bookseller | 2019-02-27 00:00:00 UTC ]
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Shaller leaves HC for newly created role at S&S UK

Luke Shaller will join Simon & Schuster UK as c.f.o. for its UK and international dealings in a newly created role, following almost a decade with HarperCollins. Continue reading at The Bookseller

[ The Bookseller | 2019-02-21 00:00:00 UTC ]
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Berrett-Koehler Names New CEO and Publisher

Berrett-Koehler's board of directors has selected David Marshall to be CEO/CFO of the company, while Johanna Vondeling was selected as president/publisher, effective May 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-20 00:00:00 UTC ]
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Lonely Planet Appoints New CEO

Luis Cabrera, a partner with BCG Digital Ventures, has been named CEO of the travel publisher with a mandate to remake the Lonely Planet brand "as an omnichannel travel platform." Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-12 00:00:00 UTC ]
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AAP Announces 2019 PROSE Award Category Winners, Board Officers

The 48 subject category winners of the 2019 PROSE Award cycle from the Association of American Publishers will yield four top category titles and an overall winner. The post AAP Announces 2019 PROSE Award Category Winners, Board Officers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-02-01 00:00:00 UTC ]
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Melbourne University Publishing CEO quits over 'narrow' new focus

Louise Adler and four board members resign as university decides to change directionMelbourne University Publishing’s CEO and members of its board of directors have resigned in protest against the university’s proposed new strategy for the publishing house that, according to one former board... Continue reading at The Guardian

[ The Guardian | 2019-01-30 00:00:00 UTC ]
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Facebook drafts charter for content oversight board, but questions remain

Mark Zuckerberg talked about creating an independent body that would oversee Facebook's content decisions, and now that plan is taking shape. The social site has published a draft charter for an oversight board that would handle appeals for content... Continue reading at Engadget

[ Engadget | 2019-01-29 00:00:00 UTC ]
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Abraha joins Jacaranda in newly created role

Magdalene Abraha is leaving Bloomsbury to join Jacaranda Publishers in a newly created role as group editorial and marketing manager. Continue reading at The Bookseller

[ The Bookseller | 2019-01-22 00:00:00 UTC ]
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Philippe Sands joins Hay Festival board

Author and prominent human rights barrister Philippe Sands QC has joined Hay Festival’s board of directors.  Continue reading at The Bookseller

[ The Bookseller | 2019-01-16 00:00:00 UTC ]
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12 books that CEOs think you should read in 2019

Consider adding these nonfiction titles on entrepreneurship and economics to your reading list. If you’re a founder or aspiring entrepreneur, perhaps you’re looking to round out your reading list for 2019 with a few inspiring business reads. We asked entrepreneurs to offer their book... Continue reading at Fast Company

[ Fast Company | 2019-01-11 00:00:00 UTC ]
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BA exec chairman hails booksellers bucking high street trend

The executive chairman of the Booksellers Association has called for positivity in the year ahead as he says booksellers are bucking the trend of high street closures.  Continue reading at The Bookseller

[ The Bookseller | 2019-01-03 00:00:00 UTC ]
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Time's editor and CEO shares his vision for a magazine under new ownership

When Meredith Corp. put Time magazine on the block following its purchase of Time Inc. in Nov. 2017, it tapped editor-in-chief Edward Felsenthal to spearhead the process. Perhaps an unorthodox role... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2018-12-06 00:00:00 UTC ]
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Time's editor-CEO shares his vision for a magazine under new ownership

Subscribe to us on iTunes, check us out on Spotify and hear us on Stitcher, Google Play and iHeartRadio too. This is our RSS feed. Tell a friend!When Meredith Corp. put Time magazine on the block following its purchase of Time Inc. in Nov. 2017, it tapped editor-in-chief Edward Felsenthal to... Continue reading at Advertising Age

[ Advertising Age | 2018-12-06 00:00:00 UTC ]
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Leaver joins Trigger as chairman

Marcus Leaver is to make a return to publishing as chairman of the mental health publisher Trigger. Continue reading at The Bookseller

[ The Bookseller | 2018-11-27 00:00:00 UTC ]
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Conde Nast kicks off outside search for new CEO as Bob Sauerberg prepares to step down

Cond Nast, once the most glamorous and moneyed player among the big magazine publishing houses, is acknowledging that it needs new leadershipand "outside" leadership at that.In a memo to staff this morning, Steve Newhouse and Jonathan Newhouse, scions of the Newhouse clan that controls the... Continue reading at Advertising Age

[ Advertising Age | 2018-11-27 00:00:00 UTC ]
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CEO of Condé Nast stepping down

The upheaval at Conde Nast has taken a new turn. Robert Sauerberg, who has effectively led the storied magazine publisher since 2010, is stepping down, as parent company Advance Publications plans to... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2018-11-27 00:00:00 UTC ]
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Newly discovered stories of Nobel Laureate Naguib Mahfouz to Saqi

Saqi Books is publishing a newly discovered collection of short stories by the late author Naguib Mahfouz, who won the 1988 Nobel Prize for Literature. Continue reading at The Bookseller

[ The Bookseller | 2018-11-10 00:00:00 UTC ]
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