Cambridge Analytica suspends CEO Alexander Nix
Last edited Tue Mar 20, 2018, 05:00 PM - Edit history (1)
Source: The Guardian
Alexander Nix, the CEO of Cambridge Analytica, the firm at the heart of the data-mining scandal, has been suspended.
The company said in a statement: The board of Cambridge Analytica has announced today that it has suspended CEO Alexander Nix with immediate effect, pending a full, independent investigation.
In the view of the board, Mr Nixs recent comments secretly recorded by Channel 4 and other allegations do not represent the values or operations of the firm and his suspension reflects the seriousness with which we view this violation.
More details soon...
Read more: https://www.theguardian.com/uk-news/2018/mar/20/cambridge-analytica-suspends-ceo-alexander-nix
Updated copy:
In the view of the board, Mr Nixs recent comments secretly recorded by Channel 4 and other allegations do not represent the values or operations of the firm and his suspension reflects the seriousness with which we view this violation.
Cambridge Analytica said its chief data officer Alexander Tayler had been appointed acting chief executive while an investigation was carried out by Julian Malins QC whose findings they would share publicly in due course.
The board will be monitoring the situation closely, working closely with Dr Tayler, to ensure that Cambridge Analytica, in all of its operations, represents the firms values and delivers the highest-quality service to its clients.
More at link: https://www.theguardian.com/uk-news/2018/mar/20/cambridge-analytica-suspends-ceo-alexander-nix
DonViejo
(60,536 posts)Link to tweet
20 Mar 2018, by Cambridge Analytica, London, UK PRESS RELEASES
The Board of Cambridge Analytica has announced today that it has suspended CEO Alexander Nix with immediate effect, pending a full, independent investigation.
In the view of the Board, Mr. Nixs recent comments secretly recorded by Channel 4 and other allegations do not represent the values or operations of the firm and his suspension reflects the seriousness with which we view this violation.
We have asked Dr. Alexander Tayler to serve as acting CEO while an independent investigation is launched to review those comments and allegations.
We have asked Julian Malins QC to lead this investigation, the findings of which the Board will share publicly in due course.
The Board will be monitoring the situation closely, working closely with Dr. Tayler, to ensure that Cambridge Analytica, in all of its operations, represents the firms values and delivers the highest-quality service to its clients.
https://ca-commercial.com/news/statement-board-directors
BumRushDaShow
(130,145 posts)by Washington Post Staff March 20 at 3:31 PM
The data science company, which worked for President Trumps campaign, suspended Alexander Nix on Tuesday after reports that the company improperly accessed the data of tens of millions of Facebook users.
The board of Cambridge Analytica released a statement saying that allegations against Nix do not represent the values or operations of the firm.
The move comes after a British television station broadcast video Monday apparently showing Nix discussing using bribes, traps involving sex workers and other unethical tactics to swing elections around the world.
This is a developing story. It will be updated.
https://www.washingtonpost.com/news/politics/wp/2018/03/20/cambridge-analytica-data-consultant-for-trump-campaign-and-others-suspends-ceo-amid-federal-probe-of-its-use-of-facebook-data/?utm_term=.dd2125410845
erronis
(15,486 posts)It is so easy to jettison a figurehead CEO to say "We've heard your concerns and we've brought in a new management team."
Let's get some real financial figures about who bankrolled this corrupt company.
And, let's watch them re-incorporate under a new name, new board. How about "Stanford/Eton/Princeton/Harvard/MIT/etc. Institute for xxxx"? Add an LLC and put your little corporation offshore.
Actually I think the Trump "organization" may have room for some other players at the table.
groundloop
(11,539 posts)I strongly suspect that they're perfectly fine to keep doing what they got caught at and that he's being punished for being sloppy.
Freethinker65
(10,119 posts)apnu
(8,761 posts)Sure they knew, but they don't blab to the press about it.
Nitram
(22,985 posts)apnu
(8,761 posts)This is so much 'throw somebody to the wolves and maybe they'll get off our scent' desperation move.
Sneederbunk
(14,319 posts)Bernardo de La Paz
(49,089 posts)So poetic that CA's petard is hoist by their own type of undercover sting operation. But in this case, they weren't "set up". CA and Nix were so eager for profits that they dug their own grave by revealing too much for their own good.
magicarpet
(14,227 posts).... the problem. The problem is he got caught red handed. So in order to look ethical and above board they jettisoned Nix. But the corporate culture was unethical and corrupt by design and was built into the operational plan.
sdfernando
(4,962 posts)They are all corrupt....This move is just CYA PR...means nothing.
MelissaB
(16,420 posts)Link to tweet
Look. This is in Cambridge Analytica's own words (from when it was trying to sue us). It's a shell company with no employees. What exactly has Alexander Nix been suspended from???
Link to tweet
herding cats
(19,569 posts)Thanks for the added info!