Ozy Media Suspends Executive After Report of Fake Investor Call

Ozy Media suspended its chief operating officer, Samir Rao, following allegations that he impersonated a YouTube executive on a conference call with potential investors.

The company said in a statement that former Hearst Television executive Harry Hawks will serve as interim chief financial officer as the board reviews its leadership in coming months.

“Following reports of conduct that is not in keeping with our standards or values, Ozy has engaged Paul, Weiss, Rifkind, Wharton & Garrison LLP to conduct a review of the company’s business activities,” the company said in an emailed statement.

Ozy bills itself as a “modern media ...