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Ozy Chairman Resigns, Says Company Needs ‘Crisis Management’
Read it at The New York Times
The chairman of the board of Ozy Media resigned Thursday. Marc Lasry, a hedge fund manager and a co-owner of the Milwaukee Bucks, said in a candid statement, “I believe that going forward Ozy requires experience in areas like crisis management and investigations, where I do not have particular expertise.” On Sunday, The New York Times reported that a co-founder of the Australian media company impersonated a YouTube executive on a call with Goldman Sachs soliciting millions in investment from the bank. The Daily Beast reported that the company used misleading presentation of quotes in its ads from sponsored content it had paid to place.