Major Company Executives Seem to Be Quitting Their Jobs In Fear of the Ghislaine Maxwell Trial

Major Company Executives Seem to Be Quitting Their Jobs In Fear of the Ghislaine Maxwell Trial

Ghislaine Maxwell – former associate of Jeffrey Epstein – has reportedly (not like we can see) for the second time gone on trial for sex abuse charges.

Prosecutors allege she preyed on and groomed young girls for Epstein to abuse, and the pair were “partners in crime.”

Maxwell denies the charges and her defense claims she is being used as a “scapegoat” for Epstein’s crimes, according to the BBC.

In light of her trial, it appears as if several executives (mainly CEOs) have or are stepping down from their roles at some very large corporations.

Check out this list of top dogs whom the public have shaking in their Oxfords.

Bob Iger (DIS)

The Disney CEO has stepped down after 15 years, passing the torch to long-time head of parks and resorts Bob Chapek.
Jordan Strauss/Invision/AP, FILE

This one technically dates back to last year but is still very relevant. Disney announced on February 25th that Bob Iger would step down as company CEO.

The company revealed that the CEO position would be filled by Bob Chapek, who previously worked as chairman of Disney parks, experiences, and products.

Many think Iger stepping down as CEO is abrupt, prompting theories from the internet. They are pointing to his alleged ties to convicted sex offenders Harvey Weinstein and Jeffrey Epstein.

Leon Black (APO)

Leon Black stepped down from his positions at Apollo in March, weeks after it was revealed that he had paid the late pedophile Jeffrey Epstein $158m for financial advice .

Apollo Global Management co-founder Leon Black has stepped down from his role as CEO of the private equity giant earlier than anticipated, in the wake of months of criticism over ties to convicted financier Jeffrey Epstein.

Apollo co-founder Marc Rowan has succeeded Black as CEO, the company announced Monday. Black announced in January his plans to retire “on or before July 31, 2021,” but said he would remain chairman. The chairman role will now belong to Jay Clayton, the former chairman of the Securities and Exchange Commission, who was recently named lead independent director at the firm.

Jes Staley (BARC)

Barclays CEO Jes Staley participates in the Yahoo Finance All Markets Summit at Union West on Thursday, Oct. 10, 2019, in New York. The chief executive of Barclays bank has stepped down follow what that banks board described as a disappointing report by the U.K.s Financial Conduct authority into his past links with the late financier and sex offender Jeffrey Epstein.
Photo by Evan Agostini/Invision/AP (Evan Agostini, 2019 Invision)

The American boss of one of Britain’s biggest banks announced his resignation on Monday following an investigation into his ties to late pedophile Jeffrey Epstein.

Barclays and its chief executive Jes Staley, 64, learned “the preliminary conclusions” of the investigation by Britain’s Financial Conduct Authority and the Prudential Regulation Authority on Friday evening, the bank said.

“In view of those conclusions, and Mr. Staley’s intention to contest them, the Board and Mr. Staley have agreed that he will step down from his role as Group Chief Executive and as a director of Barclays,” the bank said Monday.

“It should be noted that the investigation makes no findings that Mr. Staley saw, or was aware of, any of Mr. Epstein’s alleged crimes, which was the central question underpinning Barclays’ support for Mr. Staley following the arrest of Mr. Epstein in the summer of 2019.”

Jack Dorsey (TWTR)

Twitter’s shares spiked on Monday following a report CEO Jack Dorsey would leave his role.

Twitter founder Jack Dorsey said Monday he’d step down as CEO after a series of missteps — including the censoring of a bombshell story on Hunter Biden — and a share price that stubbornly lagged behind peers.

The long-bearded and nose-ringed Dorsey, who had been under pressure from hard-charging billionaire Paul Singer’s hedge fund Elliott Management after doing double duty as CEO of Twitter and payments giant Square, said a hand-picked successor, Parag Agrawal, would succeed him.

Brett Biggs (WMT)

Longtime CFO of Walmart Brett Biggs will be leaving his position come 2023.
The Sun

Walmart said on Monday longtime executive Brett Biggs will step down from his role as chief financial officer of the world’s largest retailer next year.

Biggs, the finance chief since 2015, helped oversee a period of rapid change at Walmart as the brick-and-mortar retailer launched and expanded a number of initiatives to help fend off competition from Amazon.

Walmart made its biggest overseas investment in 2018 with a $16 billion deal to buy a majority stake in Indian online marketplace Flipkart, and beefed up its US e-commerce business through the purchase of apparel retailers Modcloth and Bonobos.

Monday’s announcement came as a surprise to some analysts who had viewed Biggs as next in line for Walmart’s top job.

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