Photo: Patrick McMullan
“He’s a jackass,” a student at NYU’s Stern School of Business told Portfolio of professor Scott Galloway, the Firebrand Partners founder who, along with Alabama hedge fund Harbinger Capital Partners, recently disclosed a 4.9 percent stake in the New York Times and intends to use that stake to gain a seat on the company’s board of directors. “He’s not afraid to call you out if he thinks you don’t know what you’re talking about.” Which is precisely what Galloway did on Friday, when he wrote a letter to Times Company’s chairman Arthur Sulzberger Jr. and CEO Janet L. Robinson, saying that the two funds wanted the Times Company to sell off some core assets and expand its digital presence, and announcing its intention to nominate four new directors, including Galloway, at the April shareholder meeting. We’re sure that Galloway, who modeled in a 2006 fashion show sponsored by Johnnie Walker (above) and who Radar reports is not only a member of Carbon NYC, a $4,800-a-year, invite-only “virtual club,” but also a fraternity brother who tags photos of his ZBT crew with charming captions like “The Snatch-Bucklers” and “The Vagilantes” will fit right in. Especially with whoever wrote that “Meat Guzzler” headline.
Boardroom Braveheart [Portfolio]
Earlier: Hedge Fund’s Letter Explains Intentions Regarding the Times [NYT]
Potential NYT Director Scott Galloway a “Muffkateer” [Radar]
