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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Former GM Mediaworks, Martin Agency director takes charge at the Association of Magazine Media, effective immediately. The post MPA Names Linda Thomas Brooks New President and CEO appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-01-15 00:00:00 UTC ]
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Acquires Kentucky-based Rather Dashing Games to enter "new growth area in publishing." The post Kalmbach Moves into the Board Game Industry appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-01-06 00:00:00 UTC ]
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Chris Emerson, chief operating officer of Hachette UK, is to replace David Young as chair of the Hachette Livre Chief Operating Officers’ Board. Continue reading at The Bookseller
[ The Bookseller | 2015-12-18 00:00:00 UTC ]
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Former Labour culture minister among new appointments along with co-founder of lastminute.com Brent HobermanThe Economist has shaken up its board with appointments including former Labour culture minister Tessa Jowell and Brent Hoberman, the co-founder of lastminute.com and Made.com, as former... Continue reading at The Guardian
[ The Guardian | 2015-12-10 00:00:00 UTC ]
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Michael Tamblyn will take over as CEO of the ebook company on January 1, succeeding Taka Aiki. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-11-27 00:00:00 UTC ]
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If you were wondering what Facebook's $2 billion Oculus Rift might mean for advertisers, we may have just been given a sneak peek. Today, the Menlo Park, Calif.-based company debuted the first virtual reality-style video ads for AT&T, Nestle, Mondelez and Samsung, among others. In... Continue reading at AdWeek
[ AdWeek | 2015-11-13 00:00:00 UTC ]
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Apple's new "iPad Pro" might be remarkably similar to Microsoft's Surface tablet, but if Apple (Nasdaq: AAPL) CEO Tim Cook's takedown of the Redmond company's first-ever laptop is any indication, that's where the comparisons will stop. "It's a product that tries too hard to do too much," Cook... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2015-11-12 00:00:00 UTC ]
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Torstar chief accuses Postmedia chief of failing his group’s newspaper readers by dictating federal election endorsements... for the losing partyIn Britain, where there are a dozen national newspaper titles, most of which are uninhibitedly partisan, it is not considered unduly surprising that... Continue reading at The Guardian
[ The Guardian | 2015-11-10 00:00:00 UTC ]
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Allen Lane, while knighted for services to literature, was never much of a reader. Were brothers Richard and John written out of their own bestselling story?Eighty years ago, three brothers – Allen, Richard and John Lane – founded Penguin Books in London. The brothers planned the venture in... Continue reading at The Guardian
[ The Guardian | 2015-10-27 00:00:00 UTC ]
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Sidney Taurel, former c.e.o and chairman of pharmaceutical firm Eli Lilly, has been appointed as Pearson’s new chairman. Continue reading at The Bookseller
[ The Bookseller | 2015-10-27 00:00:00 UTC ]
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Hachette’s famous ebook pricing dispute with Amazon may be over but its shadow stretched over yesterday’s CEO panel at the 2015 Frankfurt Book Fair. The post Hachette CEO Nourry and “The Way to Death” appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-10-15 00:00:00 UTC ]
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Simon & Schuster CEO Carolyn Reidy is eagerly exploring new business models but acknowledges there’s still room for old-fashioned intuition in publishing. The post Simon & Schuster CEO Seeks to Master Data appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-10-15 00:00:00 UTC ]
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Social network’s UK and Ireland managing director to assist publisher with digital expansionThe publisher of the Daily Mirror has appointed Facebook’s UK and Ireland chief as a non-executive director to boost its drive into digital publishing.Steve Hatch, Facebook’s first managing director for... Continue reading at The Guardian
[ The Guardian | 2015-10-01 00:00:00 UTC ]
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Eyeo’s move follows court victory against German publisher Axel Springer, which claimed it breached laws on competition, copyright or market dominanceThe company behind popular ad blocking software AdBlock Plus has said it will set up an “independent board” to oversee its list of acceptable ads,... Continue reading at The Guardian
[ The Guardian | 2015-09-30 00:00:00 UTC ]
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Cumulus Media, the second-largest operator of U.S. radio stations behind IHeartMedia, replaced company co-founder Lew Dickey as CEO after an 84% drop in the stock price this year, naming longtime magazine publishing executive Mary Berner to replace him.Mr. Dickey will remain on the board as vice... Continue reading at Advertising Age
[ Advertising Age | 2015-09-30 00:00:00 UTC ]
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Initial focus will be on the magazine he helped build, Men’s Health. The post Mike Lafavore Returns to Rodale in Newly Created Editorial Director Position appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2015-09-25 00:00:00 UTC ]
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Robin Stevens’ children’s detective series Murder Most Unladylike has been optioned for television and film by independent production company Pilot Media. Pilot Media optioned the rights from Emily Hayward Whitlock, head of book to film at The Artists’ Partnership, who was acting on behalf of... Continue reading at The Bookseller
[ The Bookseller | 2015-08-29 00:00:00 UTC ]
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Hires this year by MediaMath, one of the few large independent ad tech companies that hasn't gone public or sold, suggest that it's gearing up for change, beit an initial public offering or more aggressive growth as a still-private player.Most recently, Rich Schmaeling joined MediaMath this... Continue reading at Advertising Age
[ Advertising Age | 2015-08-27 00:00:00 UTC ]
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Ananth Padmanabhan, senior v-p of sales at Penguin Random House India, has been named CEO of HarperCollins India. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-08-25 00:00:00 UTC ]
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P.M. Sukumar, CEO of HarperCollins India, has decided to leave the company to pursue other Interests. A replacement for Sukumar will be named in the coming weeks. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-08-19 00:00:00 UTC ]
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