Key facts
- Forbes terminated its chief content officer, Randall Lane.
- Randall Lane received a $6 million payment from Shook Research.
- Shook Research partnered with Forbes on wealth adviser content.
- Forbes also recently cut ties with dozens of contributing writers.
Forbes has terminated the employment of its chief content officer, Randall Lane. The decision followed the discovery that Lane had received a $6 million payment from Shook Research. Shook Research is a company that had previously partnered with Forbes to produce content related to wealth advisers. The termination of Lane's position at Forbes is part of a broader shift within the company, which has also recently severed ties with dozens of contributing writers. The exact nature of Lane's involvement with Shook Research and the specifics of the payment are not fully detailed, but the undisclosed nature of the transaction led to his dismissal.