* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, September 16, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    The Emmys are back: Viewership soars to highest numbers in 4 years – yahoo.com

    The Emmys Return with a Bang: Viewership Hits a 4-Year High

    From Spinal Tap II to Ed Sheeran : your complete entertainment guide to the week ahead – The Guardian

    Fall’s Hottest Ski Films Are Going on Tour—Here’s the List – yahoo.com

    Experience the Thrill: Fall’s Hottest Ski Films Hit the Road-Don’t Miss the Tour!

    Ryan Reynolds reveals he called a journalist who said mean things about John Candy – yahoo.com

    Ryan Reynolds Reveals the Moment He Stood Up to a Journalist Who Insulted John Candy

    Entertainment Community Fund Launches Program Supporting Entrepreneurs – Playbill

    Entertainment Community Fund Unveils Exciting New Program to Empower Entrepreneurs

    Behind the turntables: DJ Johnny Kage’s story of perseverance – yahoo.com

    Behind the Turntables: DJ Johnny Kage’s Inspiring Journey of Perseverance

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Will New Big Technology Engagements Reshape Innodata’s Growth Path? – Yahoo Finance

    Could New Major Tech Partnerships Transform Innodata’s Growth Trajectory?

    Unlocking AI Success: How People, Process, and Technology Form the Ultimate Triangle

    Billion-dollar coffins? New technology could make oceans transparent and Aukus submarines vulnerable – The Guardian

    Billion-Dollar Coffins? How New Technology Could Make Oceans Transparent and Expose Submarines

    What if artificial intelligence is just a “normal” technology? – The Economist

    What if artificial intelligence is just a “normal” technology? – The Economist

    Lincoln Trail College Receives $100,000 Grant from Marathon Petroleum Corporation for Technology Center – wwbl.com

    Lincoln Trail College Lands $100,000 Grant from Marathon Petroleum to Elevate Technology Center

    Aston Martin to integrate Pirelli’s cyber tyre technology in future models – Just Auto

    Aston Martin to Revolutionize Future Models with Pirelli’s Cutting-Edge Cyber Tyre Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    The Emmys are back: Viewership soars to highest numbers in 4 years – yahoo.com

    The Emmys Return with a Bang: Viewership Hits a 4-Year High

    From Spinal Tap II to Ed Sheeran : your complete entertainment guide to the week ahead – The Guardian

    Fall’s Hottest Ski Films Are Going on Tour—Here’s the List – yahoo.com

    Experience the Thrill: Fall’s Hottest Ski Films Hit the Road-Don’t Miss the Tour!

    Ryan Reynolds reveals he called a journalist who said mean things about John Candy – yahoo.com

    Ryan Reynolds Reveals the Moment He Stood Up to a Journalist Who Insulted John Candy

    Entertainment Community Fund Launches Program Supporting Entrepreneurs – Playbill

    Entertainment Community Fund Unveils Exciting New Program to Empower Entrepreneurs

    Behind the turntables: DJ Johnny Kage’s story of perseverance – yahoo.com

    Behind the Turntables: DJ Johnny Kage’s Inspiring Journey of Perseverance

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Will New Big Technology Engagements Reshape Innodata’s Growth Path? – Yahoo Finance

    Could New Major Tech Partnerships Transform Innodata’s Growth Trajectory?

    Unlocking AI Success: How People, Process, and Technology Form the Ultimate Triangle

    Billion-dollar coffins? New technology could make oceans transparent and Aukus submarines vulnerable – The Guardian

    Billion-Dollar Coffins? How New Technology Could Make Oceans Transparent and Expose Submarines

    What if artificial intelligence is just a “normal” technology? – The Economist

    What if artificial intelligence is just a “normal” technology? – The Economist

    Lincoln Trail College Receives $100,000 Grant from Marathon Petroleum Corporation for Technology Center – wwbl.com

    Lincoln Trail College Lands $100,000 Grant from Marathon Petroleum to Elevate Technology Center

    Aston Martin to integrate Pirelli’s cyber tyre technology in future models – Just Auto

    Aston Martin to Revolutionize Future Models with Pirelli’s Cutting-Edge Cyber Tyre Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

A CEO abruptly resigned from a board after leaked emails reportedly showed inappropriate influence

July 27, 2024
in General
A CEO abruptly resigned from a board after leaked emails reportedly showed inappropriate influence
Share on FacebookShare on Twitter

Gabrielle “Ellie” Rubenstein, a daughter of Carlyle Group Inc. co-founder David Rubenstein, resigned from the board of Alaska’s sovereign wealth fund following allegations that she improperly interfered with investment decisions. 

Her departure from the Alaska Permanent Fund, where she was vice chair, takes effect Aug. 1, she announced at its board meeting Wednesday, surprising some of the trustees.

Part of her job as a board member was to introduce staff to potential investment managers that the fund might want to do business with, and ultimately it didn’t invest with anyone she had referred, a spokesman for Rubenstein said Friday. 

The nature of the disclosure, coming in the middle of an hours-long meeting, underscores the discord among the board’s six members. Craig Richards, a trustee since 2017, expressed his disappointment in the board’s behavior.

“What occurred today was a coup,” he said in closing comments, noting how Rubenstein had been allowed to cast a vote for new leadership prior to announcing her departure.

Adam Crum succeeded Rubenstein Wednesday as vice chair as well as chair of the governance committee. Ethan Schutt also stepped down as board chair and was replaced in that role by Jason Brune. Schutt will remain on the board. 

“We changed the date of when we do our election in a way that I didn’t know we were doing it,” Richards said. “It’s clear to me now that it was probably done because Trustee Rubenstein is resigning.”

Alaska Permanent Fund, which is fueled by the state’s oil revenue, manages about $80 billion. It invests in stocks, bonds, private equity and other asset classes and makes annual payments to the state, which in turn disburses dividends to Alaska residents.

The fund is overhauling its process for investment referrals and protocols for how the board communicates with staff. The board approved some initial changes and will consider a full proposal in September. 

Leaked emails showed that Rubenstein had set up meetings between investment staff and managers she knew, including her father, and that the chief investment officer had raised concerns about her potential conflicts of interest, according to reports earlier this year by the Alaska Landmine and Financial Times. 

David Rubenstein is a Bloomberg contributor.

The emails prompted investigations into the source of the leak and the allegations, and some board members, state lawmakers and members of the public called for more scrutiny, according to a report earlier this year by the Anchorage Daily News. 

“The staff especially has gone through a weird period,” Ellie Rubenstein said at the meeting, and they deserve “to have fresh leadership.” 

Rubenstein, who’s also chief executive officer of private equity firm Manna Tree Partners, attributed her decision to not having enough time to dedicate to the sovereign wealth fund, as well as the toll that the controversy has taken on her health.

‘Not Compatible’

She “concluded that the scope and pace of change necessary to fully institutionalize the fund are not compatible with the demands of leading her private equity firm,” said Rubenstein’s spokesman, Chris Ullman. 

The fund normally makes decisions about the board’s composition at its annual meetings in September, but it accelerated that process because of the governance concerns. Richards said he had been excluded from some private discussions among board members. 

“There might have been talks among some of you, but there’s been no talks among me,” Richards said. “Once again, I find myself figuring out stuff at a meeting that’s already been pre-decided.”

Rubenstein said during the meeting that she had always followed policy. 

“Don’t believe everything you read,” she said.

Brune and Crum were among board members who thanked Rubenstein for her service and said they appreciated the investing expertise that she brought to her role. 

Alaska Governor Mike Dunleavy also praised her work at the fund.

Her contributions “are both significant and impactful,” Dunleavy said in a statement. “She has been an agent of change thanks to her astute understanding of the global financial markets.”

Recommended Newsletter: CEO Daily provides key context for the news leaders need to know from across the world of business. Every weekday morning, more than 125,000 readers trust CEO Daily for insights about–and from inside–the C-suite. Subscribe Now.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Fortune – https://fortune.com/2024/07/26/rubenstein-ceo-private-equity-resigned-leaks-emails-alaska/

Previous Post

Singapore New Home Price Growth Slows as Half-Year Sales Hit All-Time Low

Next Post

Coastal communities get $575 million to combat floods and climate threats

Will New Big Technology Engagements Reshape Innodata’s Growth Path? – Yahoo Finance

Could New Major Tech Partnerships Transform Innodata’s Growth Trajectory?

September 16, 2025
Registration open for fitness programs at Hereford Sports & Wellness – KFDA | NewsChannel 10

Registration open for fitness programs at Hereford Sports & Wellness – KFDA | NewsChannel 10

September 16, 2025
Men’s Freestyle Team Standings At The 2025 Senior World Championship – FloWrestling

Men’s Freestyle Team Standings at the 2025 Senior World Championship Revealed

September 15, 2025
ONEflight Myrtle Beach Classic boosts economy with $15.8M impact – WPDE

ONEflight Myrtle Beach Classic boosts economy with $15.8M impact – WPDE

September 15, 2025
The Emmys are back: Viewership soars to highest numbers in 4 years – yahoo.com

The Emmys Return with a Bang: Viewership Hits a 4-Year High

September 15, 2025
Bridging gap between artificial intelligence, real-world health outcomes – Rice University

Bridging the Divide: How Artificial Intelligence is Transforming Real-World Health Outcomes

September 15, 2025
WATCH: Joe Manchin shares why he calls Washington politics ‘toxic’ in new book Video | The View – ABC Network

Joe Manchin Opens Up About Why He Calls Washington Politics ‘Toxic’ in New Book

September 15, 2025
Entire Himalayan Range Facing Ecological Crisis: Supreme Court – NDTV

Supreme Court Sounds Alarm on Imminent Ecological Crisis Endangering the Entire Himalayan Range

September 15, 2025
Artificial Intelligence at Bayer – Emerj Artificial Intelligence Research

How Bayer is Revolutionizing the Future Through Artificial Intelligence

September 15, 2025
The ancient science of nose jobs : Short Wave – NPR

The Timeless Art and Science Behind Nose Jobs: Unveiling the Secrets of Rhinoplasty

September 15, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (821)
  • Economy (841)
  • Entertainment (21,719)
  • General (17,055)
  • Health (9,885)
  • Lifestyle (855)
  • News (22,149)
  • People (844)
  • Politics (850)
  • Science (16,051)
  • Sports (21,341)
  • Technology (15,823)
  • World (824)

Recent News

Will New Big Technology Engagements Reshape Innodata’s Growth Path? – Yahoo Finance

Could New Major Tech Partnerships Transform Innodata’s Growth Trajectory?

September 16, 2025
Registration open for fitness programs at Hereford Sports & Wellness – KFDA | NewsChannel 10

Registration open for fitness programs at Hereford Sports & Wellness – KFDA | NewsChannel 10

September 16, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version