Veteran journalist and political scientist Katty Kay stepped down from her position at Ozy Media after the New York Times reported that a top executive at the company tried to deceive potential investors.
“Yesterday morning I submitted my resignation to Ozy Media,” tweeted Kay on Wednesday. “I was looking forward to working with the talented young reporters, but I wasn’t expecting that!”
Kay said she found the allegations in the New York Times story “deeply troubling” and had “no choice” but to end her relationship with Ozy.
Yesterday morning I submitted my resignation to Ozy Media. I was looking forward to working with the talented young reporters, but I wasn’t expecting that! pic.twitter.com/fc5Ii6ifav
– Katty Kay (@KattyKay_) September 29, 2021
Kay was hired as Senior Editor and Executive Producer in May by the media company that distributes newsletters, video segments and podcasts across digital platforms. She also launched a podcast with the company’s founder and CEO, Carlos Watson.
Your resignation comes just a few days later The New York Times published an article, citing multiple unnamed sources that suggest a top Ozy executive is allegedly posing as a YouTube employee during a conference call with potential Goldman Sachs investors. On the call, the Ozy manager said, “Ozy was a huge hit on YouTube and has garnered significant views and advertising money,” the Times reported.
After YouTube raised awareness of the incident and conducted an investigation into the call, Watson apologized to Goldman Sachs, saying the Ozy manager, posing as YouTube representative, Chief Operating Officer Samir Rao, was loudly in a mental crisis gone through the times.
“Samir is a valued colleague and close friend,” Watson said in an email to the newspaper. “I am proud that we stood by him while he fought and we are all delighted that he is now blooming again.”
Axios reported on Wednesday One of Ozy’s earliest investors, SV Angel, had sold his stake in the company, according to the New York Times report.
The Hill asked Ozy for a comment.
Kay, a regular on MSNBC’s “Morning Joe” and other political news shows, worked for the BBC as a presenter, reporter and correspondent for years before joining Ozy.
“I’ve never found any reason to leave the BBC,” said Kay said when she came to Ozy. “It took a very special place to make me leave a special place.”