The heat on Ozy Media has been turned up a notch after its chairman, Marc Lasry, decided to step down from the digital company.The billionaire hedge-funder and co-owner of the NBA’s Milwaukee Bucks opted out in the wake of a damaging New York Times report about Ozy.
He had just been named chairman last month, but the climate has shifted dramatically around the company, which has become the most talked-about name in media, and not in a good way.“I believe that going forward Ozy requires experience in areas like crisis management and investigations, where I do not have particular expertise,” Lasry said in a statement shared with multiple media outlets. “For that reason, I have stepped down from the company’s board.
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