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(The other woman on the executive leadership team, general counsel Lynn Oberlander, left the company this week.) Spanfeller told Insider that G/O Media plans to reinvest the profits into the business. View Jim Spanfeller's professional profile on LinkedIn. The key journalistic properties descended from . Two are now successfully navigating careers in the digital advertising space. Cramer finally reveals whether he is pro-Trump or anti-Trump - CNBC G/O Media lawsuits: Two former exec allege discrimination - CNN Unlike private equity investors who financially engineer acquisitions, burdening companies they buy with debt and massive . 3. Jim Spanfeller, He previously served as President & Chief Executive Officer of Forbes.com, a leading media Internet company, and as Executive Vice President . During an internal sales summit meeting in New York on June 19, sales execs practiced pitching G/O Medias general presentation, a deck of about 15 slides that tells clients why they should do business with the company. In his email to the staff, Spanfeller described this story as one that had been commissioned by the site, and attempted to paint the reporting process behind it as haphazard and unfair. For the last two questions, the options were the same: Uncompromising commentary, sports stories I cant find anywhere else, knowledgeable writers, broad scope of coverage, political coverage and strong political point of view, and criticism and coverage of other media companies.. I was disappointed. He sent a message back about the importance of diversity and inclusion and a full hiring process. [He] wasnt interested in hearing what someone with 20 years of experience would say.. Great Hill Partners is a growth equity company committed to building businesses. We may earn a commission from links on this page. Gizmodo and The Onion's New Owner Lays Off 25, Including - TheWrap Views. They cant even pitch effectively, said another employee who was present. It became clear that she was not a good fit for this position and we both agreed on this. Ex-Deadspin EIC Jim Rich resigns in latest turmoil at G/O Media (Pontius declined to comment. Throughout his career he has recieved more than 60 awards for his work from such . The former staff of Splinter later launched the worker-owned Discourse Blog. Shortly after the sale in April, she said, she met briefly with Spanfeller and explained to him her role and responsibilities in the company, which was primarily to work directly with clients to secure partnerships, instead of going through media ad agencies.