Forbes Fires Top Editor Over $6 Million Payment Controversy
Randall Lane, the top editor of Forbes, was fired after accepting a $6 million payment from RJ Shook, founder of Shook Research, which has worked with Forbes since 2016. The payment was made following Shook's sale of a majority stake in his company to a private equity firm. This incident raises concerns about conflicts of interest and transparency in media.
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Top Forbes editor reportedly fired after receiving $6m from business associate
Randall Lane left his job last month after accepting money from founder of firm that does business with magazine The top editor of Forbes left his job last month and was reportedly dismissed for accepting $6m from the founder of a firm that does business with the magazine. The New York Times reported this week that Randall Lane was paid by RJ Shook, whose company, Shook Research, worked with Forbes since 2016 to publish rankings of wealth advisers. The payment was made after Shook sold a majority stake in the company to a private equity firm a year ago. Continue reading...
Forbes Fired Top Editor After Discovering He Received Secret $6 Million Payment
Randall Lane, the magazine’s chief content officer, received the money from the founder of Shook Research, which has worked with Forbes on content about wealth advisers. Randall Lane, the former chief content officer of Forbes.