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 ]
News tagged with:
#data released
#creative ways
#months ago
#publishing industry
Zynga founder Mark Pincus is rejoining the gaming company as CEO effective immediately, replacing Don Mattrick, who led Zynga for less than two years.The executive shuffle comes after the company struggled in recent years to maintain its early growth rate. It hired Mattrick in 2013 to help... Continue reading at PC World
[ PC World | 2015-04-09 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#found success
#user base
#company struggled
Former Vice President Dick Cheney and his daughter Liz Cheney plan to publish "Exceptional: Why the World Needs a Powerful America" on Sept. 1. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2015-04-09 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#powerful america
#daughter aimed
#upcoming book
Former Vice President Dick Cheney and his daughter Liz Cheney plan to publish "Exceptional: Why the World Needs a Powerful America" on Sept. 1. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2015-04-08 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#powerful america
#daughter aimed
#upcoming book
Keep up with all the latest election news with Andrew Sparrow and the Guardian politics team, as the battle buses roll out across the UKCameron says Labour will pick voters’ pockets with taxesLiving standards key to election – data shows slowest recovery since 1920sLib Dems pledge £2bn extra... Continue reading at The Guardian
[ The Guardian | 2015-03-31 00:00:00 UTC ]
More news stories like this |
The new government should be stronger on copyright, more supportive of the arts and place more emphasis on libraries, trade figures have told The Bookseller. Continue reading at The Bookseller
[ The Bookseller | 2015-03-24 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#trade figures
#general election
In the forthcoming book Becoming Steve Jobs, we learn just how close Tim Cook and Steve Jobs really were. Here, an exclusive excerpt: Fast Company executive editor Rick Tetzeli and co-author Brent Schlender's new book, Becoming Steve Jobs: The Evolution Of a Reckless Upstart into a Visionary... Continue reading at Fast Company
[ Fast Company | 2015-03-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#reckless upstart
#exclusive excerpt
#steve jobs
Optimism over rising sales and signs of the diversifying audience for comics set the tone at the annual meeting of the largest organization for comics retailers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-05 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#comics retailers
#annual meeting
#comics set
#rising sales
Nick Brien, the advertising executive who formerly led McCann Worldgroup, is joining digital-marketing agency iCrossing as its CEO.Hearst Corporation, parent company of iCrossing, told staff of Mr. Brien's hiring this morning. His appointment, effective immediately, includes a new role at the... Continue reading at Advertising Age
[ Advertising Age | 2015-03-02 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#starcom mediavest
#universal mccann
#interpublic group
#effective immediately
#told staff
#hearst corporation
#advertising executive
Dr Seuss long ago passed from the scene but old manuscripts by the beloved children's author keep turning up. Continue reading at Stuff
[ Stuff | 2015-02-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#beloved children
Just ask Bilbo Baggins — there’s something very appealing about having one ring to rule them all. So it goes with the Facebook Audience Network, which was launched in 2014 to help digital marketers place ads across all mobile apps — not just Facebook’s — using a single platform while making it... Continue reading at Digiday
[ Digiday | 2015-02-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#single platform
#post facebook
Don't expect Time Inc. to merge with any of its magazine rivals soon.Time Inc. CEO Joe Ripp told investors Thursday that no mergers would happen until at least June 2016, which is the two-year anniversary of Time Inc. spinning off from Time Warner."The safest thing is to wait two years," he... Continue reading at Advertising Age
[ Advertising Age | 2015-02-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#time warner
For Thrillist, remnant advertising is non-existent and ads aren't sold programmatically. Instead, the digital publisher embraced ecommerce. That business is now three times the size of its ad business. Continue reading at AdAge.com Continue reading at Advertising Age
[ Advertising Age | 2015-02-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#sold programmatically
#ad business
The non-executive Folio Holdings Board is to assume responsibility for the role the late Lord Gavron played as Chairman of The Folio Society, it has been confirmed. Gavron died this weekend at the age of 84. Continue reading at The Bookseller
[ The Bookseller | 2015-02-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#folio society
#assume responsibility
PW speaks with the three big winners of the ALA's Youth Media Awards, about what they were doing when the committee placed the call that changed their lives. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-02-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#big winners
#printz winners
#pw speaks
Northern California Independent Booksellers Association president Calvin Crosby has resigned his position, now that he has joined McSweeney's as marketing director. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-30 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#marketing director
Glen Moreno is preparing to step down from his role as chairman of Pearson after a decade, according to Sky News. Sources told the broadcaster that Pearson's nominations committee had enlisted JCA Group, a City headhunting firm, to oversee the process of recruiting Moreno's successor. Continue reading at The Bookseller
[ The Bookseller | 2015-01-29 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#sources told
#sky news
SAGE's global publishing director Ziyad Marar has been appointed to the board of The Campaign for Social Science. The CfSS is one of the leading advocates for social sciences in the UK. Marar has been active in initiating and supporting SAGE's global work in campaigning for the social sciences,... Continue reading at The Bookseller
[ The Bookseller | 2015-01-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#founding principle
#social sciences
#social science
Sales of Scotland’s first pro-independence daily paper falls to 15,000 – a quarter that of launch edition – but publishing group remains committed to investing in the titleSales of the National have fallen below 20,000 as the novelty of Scotland’s first pro-independence daily newspaper appears... Continue reading at The Guardian
[ The Guardian | 2015-01-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#sales slump
In a brief brief order this week, Judge Denise Cote ruled that plaintiffs in a second ebook price-fixing case cannot depose HarperCollins CEO Brian Murray. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-27 00:00:00 UTC ]
More news stories like this |
Writer and critic Bonnie Greer has been appointed to the board of The Authors’ Licensing and Collecting Society (ALCS). Greer will serve a one-year term as a non-executive director for the organisation. Among Greer’s aims are to help the new generation of writers to understand intellectual... Continue reading at The Bookseller
[ The Bookseller | 2015-01-16 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#internet age
#non-executive director