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Forbes Top Editor Ousted After Taking $6 Million ‘Gift’ From Magazine Partner
- Randall Lane, Forbes' longtime chief content officer, was fired in July after it was discovered he received a secret $6 million payment from RJ Shook, founder of Shook Research, a longtime Forbes partner firm.
- The payment raised concerns about a conflict of interest due to the close relationship between Lane, Shook, and Forbes, which collaborates with Shook Research on financial advisor rankings.
- Forbes learned about the undisclosed payment earlier in the year, and Lane admitted it was a serious error in judgment.
- Following Lane's dismissal, Executive Editor Kerry Lauerman has assumed the role of interim chief content officer.
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13 Articles
13 Articles
Randall Lane deeply regrets.
·Borås, Sweden
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Randall Lane has been working in the business and finance sector since 2011; he apologized and said he “made a mistake”
·Vicente López, Argentina
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Coverage Details
Total News Sources13
Leaning Left5Leaning Right7Center0Last UpdatedBias Distribution58% Right
Bias Distribution
- 58% of the sources lean Right
58% Right
L 42%
R 58%
Factuality
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