is shutting down. Per a statement from the company’s board of directors: “At Ozy, we have been blessed with a remarkable team of dedicated staff. Many of them are world-class journalists and experienced professionals to whom we owe tremendous gratitude, and who are wonderful colleagues. It is therefore with the heaviest of hearts that we must announce today that we are closing Ozy’s doors.”
“I believe that going forward, Ozy requires experience in areas like crisis management and investigations, where I do not have particular expertise,” he said in a statement. “For that reason, I have stepped down from the company’s board. I remain an investor in the company and wish it the best going forward.”
Lasry’s exit came a day after former BBC News anchor and correspondent Katty Kay, who had just joined Ozy Media in late June, also departed. The exodus comes following revelations of the digital company’s practices, led by CEOThe Ozy shakeup came quickly after a New York Times column, by Ben Smith, who revealed that Ozy Media chief operating officer Samir Rao impersonated a YouTube executive on a call with potential Goldman Sachs investors.
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