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Ceo Termination

All articles tagged with #ceo termination

technology2 years ago

Sports Illustrated Publisher Fires CEO Over AI-Generated Content Controversy

Sports Illustrated publisher, The Arena Group, has fired CEO Ross Levinsohn following the revelation that the publication was using artificial intelligence (AI) to produce product reviews written by fake authors. The company did not provide specific reasons for the termination but stated that it took actions to improve operational efficiency and revenue. Last month, Sports Illustrated faced scrutiny when it was discovered that they were publishing AI-generated content and using fake author profiles. The controversy damaged the publication's reputation and drew criticism from its own staff. The recent personnel changes did not address the AI scandal.

via Outkick|
#ai-generated-content#ceo-termination#controversy
business2 years ago

"Sports Illustrated Publisher Takes Drastic Action Amid AI Scandal Fallout"

The CEO of Sports Illustrated publisher, The Arena Group, Ross Levinsohn, has been fired as part of a series of terminations following an AI scandal. Levinsohn's termination comes after the company terminated its operations president, media president, and corporate counsel last week. The scandal erupted when it was revealed that Sports Illustrated had been using AI-generated content and author headshots without disclosure. The company claimed that the articles in question were product reviews and licensed content from a third-party company, AdVonCommerce, which assured that all articles were written and edited by humans. The recent terminations did not address the AI controversy.

via NBC News|
#ai-scandal#business#ceo-termination
business2 years ago

"Sports Illustrated Publisher Shakes Up Leadership Amid AI Controversy"

The Arena Group, publisher of Sports Illustrated, has fired CEO Ross Levinsohn following the revelation that the magazine had published articles written by fake authors with AI-generated headshots and biographies. The board of the Arena Group announced the termination and appointed Manoj Bhargava as interim chief executive. The company denied the allegations and stated that the articles in question were sourced commercial content from a third-party advertising company. This comes after the company terminated the employment of its operations president, media president, and corporate counsel last week.

via The Guardian|
#ai-generated-articles#arena-group#business
business2 years ago

Orthofix Faces Stock Plunge and Downgrades Following Termination of Executives

Orthofix Medical Inc. has fired its CEO, CFO, and CLO "for cause" following an investigation that revealed repeated inappropriate and offensive conduct. The company's stock plummeted by 26.8%, marking its worst day in 15 years. The terminations will not impact the company's strategy or financial statements, and interim replacements have been appointed while permanent successors are sought. The board emphasized its commitment to a respectful culture and condemned any form of harassment or inappropriate behavior. Analysts express concerns about potential business fallout and legal implications resulting from the leadership change. Orthofix's stock has declined by 36.2% this year.

via MarketWatch|
#business#ceo-termination#cfo-termination