Ozy Media Chairman Marc Lasry Resigns
The company continues to face criticism in the wake of a New York Times exposé
Ozy Media chairman Marc Lasry has resigned from the embattled company, under fire for a series of questionable business practices.
“I believe that going forward, Ozy requires experience in areas like crisis management and investigations, where I do not have particular expertise. For that reason, I have stepped down from the company’s board. I remain an investor in the company and I wish it the best going forward,” he said in a statement.
COO Samir Rao had previously taken a leave of absence from the company after it was revealed he had impersonated a Google executive on a fundraising call with Goldman Sachs.
More to come…
Source: Read Full Article