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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A few years ago, Google regularly traded barbs with major news publishers in public. Today, Google is rewiring its search engine to appease them.The Alphabet unit is scrapping a contentious search result rule for subscription news sites and giving them new tools to attract more paying customers.... Continue reading at Advertising Age
[ Advertising Age | 2017-10-02 00:00:00 UTC ]
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Hay Festival has appointed Jonathan Godfrey OBE, former principal of Hereford Sixth Form College, to its board of directors. Continue reading at The Bookseller
[ The Bookseller | 2017-09-26 00:00:00 UTC ]
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Byron Williamson, founder and CEO of Worthy Publishing, has been named the new chair of the Evangelical Christian Publishers Association. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-12 00:00:00 UTC ]
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GQ poaches a politics reporter from Politico, Town and Style names an editor-in-chief, and more... The post Kalmbach Publishing Names Dan Hickey CEO | People On the Move appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-09-07 00:00:00 UTC ]
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"This acquisition provides a significant opportunity for us to expand both communities." The post Chief Executive Group Acquires Corporate Board Member Magazine appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-09-01 00:00:00 UTC ]
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Dara Khosrowshahi, the low-profile chief executive of travel booking company Expedia, on Tuesday accepted an offer to be Uber’s next CEO. In an email sent to Uber employees two days after offering him the job, the company’s board of directors confirmed Khosrowshahi’s appointment. “We’re really... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-08-30 00:00:00 UTC ]
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Uber has chosen Dara Khosrowshahi, the chief executive of travel booking website Expedia, to be its new chief executive, according to a source unauthorized to comment publicly. Khosrowshahi’s reported appointment ends Uber’s hunt to replace the company’s controversial co-founder and former chief... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-08-28 00:00:00 UTC ]
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For the first time Quarto has reached an equal split between men and women on its board of directors following the appointment of chartered accountant Leslie-Ann Reed. Continue reading at The Bookseller
[ The Bookseller | 2017-08-04 00:00:00 UTC ]
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Speaking on the first day of Frankfurt Book Fair, the CEOs of Simon & Schuster and Albin Michel will discuss the evolving world audience. The post Frankfurt’s CEO Talk: Simon & Schuster’s Carolyn Riedy and Albin Michel’s Guillaume Dervieux appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-07-27 00:00:00 UTC ]
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What Happened, due out in September, will tell her story of the electoral battle with Donald Trump in ‘a deeply intimate account and a cautionary tale for the nation’Hillary Clinton has promised that she will be “letting [her] guard down” in the most personal book she has yet written: a memoir... Continue reading at The Guardian
[ The Guardian | 2017-07-27 00:00:00 UTC ]
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Simon & Schuster's president and c.e.o. Carolyn Reidy will be a “Guest of Honour” at this year’s Frankfurt Book Fair and will speak about “strategic developments in international publishing”. Continue reading at The Bookseller
[ The Bookseller | 2017-07-27 00:00:00 UTC ]
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Simon & Schuster’s Carolyn Reidy and Albin Michel’s Guillaume Dervieux will be the speakers at the Frankfurt CEO Talk 2017 set for October 11 during the annual international fair. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-26 00:00:00 UTC ]
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A spike in sales of board books helped to drive up unit sales of print books 5% in the week ended July 16, 2017 over the comparable week in 2016 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-21 00:00:00 UTC ]
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A book co-written by John Doerr of Kleiner Perkins Caufield & Byers and BetterWorks Systems Inc. CEO Kris Duggan has been put on hold in the wake of a sexual harassment and assault lawsuit against Duggan. “We and the authors have agreed to defer publication of 'Measure What Matters' at the... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2017-07-18 00:00:00 UTC ]
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Pearlstine will retire in mid-July after a 40-year run in the publishing industry. The post Norman Pearlstine, Time Inc. Vice Chairman, to Retire appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-07-12 00:00:00 UTC ]
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The book by former Democratic National Committee chair Donna Brazile will examine the scandals and disputes surrounding last year's presidential election. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-12 00:00:00 UTC ]
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When Paul Allor began writing Clue, a new comic book miniseries based on the popular board game from Hasbro, he had many versions of the game to look to for inspiration. Continue reading at Stuff
[ Stuff | 2017-07-02 00:00:00 UTC ]
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Biteback is to publish Campaign 2017: The Inside Story of the Election that Shocked Britain by journalists Tim Ross and Tom McTague, this September. Continue reading at The Bookseller
[ The Bookseller | 2017-06-24 00:00:00 UTC ]
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The chief executive officer of magazine publisher Bauer Media Australia, Nick Chan, has left the company barely a year after taking the helm. Continue reading at Stuff
[ Stuff | 2017-06-21 00:00:00 UTC ]
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