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Forbes Editor Resigns Over $6M Payment | Tulsa News
Forbes editor-in-chief Randall Lane is out after accepting $6 million from RJ Shook, founder of a company that partners with Forbes on wealth rankings — a move that violated the publication’s strict conflict-of-interest rules. Lane, who led the magazine for nearly 16 years, admitted it was a “serious error in judgment” and called it a gift for past advice he gave Shook. The payout came after Shook sold his firm’s majority stake last year. Though Lane quietly resigned in July, staff only learned the full story through a New York Times report. This scandal hits at a time when public trust in…
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