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CEOWORLD magazine - Latest - Banking and Finance - Arena Group Dismisses its CEO

Banking and Finance

Arena Group Dismisses its CEO

The Arena Group, a digital publisher responsible for renowned brands like Sports Illustrated and The Street, dismissed its CEO on Monday, part of a broader restructuring within the top leadership. Ross Levinsohn held the position of CEO for three years, and the decision followed a troubling incident where Sports Illustrated was discovered publishing articles under fictitious author names and AI-generated profile pictures.

With immediate effect, Manoj Bhargava, the founder of 5-Hour Energy and a majority stakeholder in The Arena Group, assumed the role of interim CEO in place of Levinsohn, confirmed Vince Bodiford, a spokesperson for Bhargava.

Levinsohn’s exit occurred shortly after The Arena Group terminated three key executives: Andrew Kraft, President of Operations and Chief Operating Officer; Rob Barrett, President of Media; and Julie Fenster, Corporate Counsel.

 

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CEOWORLD magazine - Latest - Banking and Finance - Arena Group Dismisses its CEO
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz