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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It looks like board books will be popular gifts for Easter this year. Unit sales of the format soared 83% in the week ended Apr. 9, 2017 over the comparable week in 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-04-14 00:00:00 UTC ]
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From Standard Digital: ‘Piracy discourages authors who want to make a contribution to society,’ says Kenya Publishers Association chief David Waweru. By Dennis Abrams | @DennisAbrams2 ‘Knowledge Lost to the Rest of Us’ t Kenya’s Standard Digital, Protus Onyango recently has reported on what the... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-04-12 00:00:00 UTC ]
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Mike Symons has joined Parragon Books as CEO. Symons, who was most recently group sales director for Penguin Random House U.K., is replacing Paul Taylor. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-04-06 00:00:00 UTC ]
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In the latest flare-up between the two top investors in the L.A. Times’ parent company, Tronc Inc. has accused Los Angeles billionaire Patrick Soon-Shiong of demanding an investment in his own company before he agreed to buy millions of shares in the newspaper publisher last year. The allegation... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-04-04 00:00:00 UTC ]
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Annette Thomas, former c.e.o. of Macmillan Science and Education, has joined the board of Clarivate Analytics. Continue reading at The Bookseller
[ The Bookseller | 2017-03-30 00:00:00 UTC ]
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Facebook and Google control digital media and advertising, but it's not the end of the world just yet. The post Bloomberg Media CEO Justin Smith’s publisher survival guide in the duopoly era appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-03-30 00:00:00 UTC ]
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Time makes a dozen promotions, The Washington Post Magazine has found an editor, and much more... The post Livingly Media Appoints New CEO | People on the Move — 03.29.17 appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-03-30 00:00:00 UTC ]
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Uber Chief Executive Travis Kalanick has apologized, saying he admits he needs “leadership help,” after a video showed him berating one of the company’s drivers. The dashcam video obtained by Bloomberg News and released Tuesday shows Kalanick arguing with driver Fawzi Kamel over Uber’s fares,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-03-02 00:00:00 UTC ]
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It’s the news that some might think makes perfect sense: “American Horror Story” will tackle the 2016 presidential election. During an appearance on Bravo’s “Watch What Happens Live!” Wednesday night, “AHS” co-creator Ryan Murphy revealed that the next season of the popular FX horror anthology... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-02-16 00:00:00 UTC ]
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Jack Lynch, currently CEO of Renaissance Learning, has been named CEO and president of HMH succeeding Linda Zecher, who resigned in September. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-02-15 00:00:00 UTC ]
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Bloomsbury executive director Richard Charkin and Faber's former managing director Toby Faber have joined the board of the Liverpool University Press. Continue reading at The Bookseller
[ The Bookseller | 2017-02-10 00:00:00 UTC ]
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Head of venerable press says his sector has important role in the defence of free speech and champions the revival of literary fiction and traditional booksFaber & Faber’s chief executive has called for publishers to oppose crackdowns on free speech and the rise of so-called fake news.... Continue reading at The Guardian
[ The Guardian | 2017-02-10 00:00:00 UTC ]
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Jim Bankoff turned Vox into a content juggernaut, a purpose-built digital media company; at PubTech Connect, he’ll discuss what it takes to build the media company of the future Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-02-08 00:00:00 UTC ]
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Ursula Mackenzie, former c.e.o of Little, Brown, has joined Profile Books’ board of directors as a non-executive director. Continue reading at The Bookseller
[ The Bookseller | 2017-01-27 00:00:00 UTC ]
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Steven Hall, m.d. of science publisher IOP Publishing, is to join the Bloomsbury board as a non-executive director, replacing Faber m.d. Stephen Page, who stands down after three years. Continue reading at The Bookseller
[ The Bookseller | 2017-01-21 00:00:00 UTC ]
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The surprising victory of Donald Trump in the U.S. presidential election has resulted in a boom in books about his rise—a number of which have been crashed and rushed out the door. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-01-18 00:00:00 UTC ]
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At the Book Industry Guild of New York's annual President's Night event, Hachette Book Group CEO Michael Pietsch spoke on his four-decade career in publishing, innovations in the industry, and the industry-wide efforts to work in a market with flat revenue. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-01-12 00:00:00 UTC ]
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In a year-end letter, Open Road Integrated Media CEO Paul Slavin praised ORIM employees for a year of “consistent and continuous revenue growth." Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-01-06 00:00:00 UTC ]
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Welcome to Atlanta Business Chronicle’s “Meet the C-Suite,” where each week we will feature one of the city’s most high profile c-level executives. This week meet Derek Burns, founder and CEO of Atlanta-based Beer Book. Name: Derek Burns Company: Beer Book Title: Founder, CEO Headquarters:... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2016-12-23 00:00:00 UTC ]
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The Book People’s group buying and merchandising director Sarah Walden has been appointed to the company’s board. Continue reading at The Bookseller
[ The Bookseller | 2016-12-22 00:00:00 UTC ]
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