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Adonis Hoffman Discusses the Recent Focus on Facebook's Business Practices
Facial Recognition Technology and Artificial Intelligence
The Pros and Cons of Regulating Facebook and Social Media
Verizon Wireless Practices and Managing Net Neutrality
Regulatory, political, legal and market implications of mega-media merger
The timing and propriety of a merger between Sprint and T-Mobile
The legal and political issues around Huawei, the U.S. and 5G
The Department Of Justice questions AT& T practices in review of merger
Predicting successor Nexstar to prevail in failed merger
The Department of Justice adjusts its criteria on antitrust and mergers
Hoffman said he was speaking from experience: "Much of my work, including presently as CEO of The Advisory Counsel LLC, has been dedicated to providing counsel to companies like TEGNA and to advising boards and corporate leaders on major societal issues, he said. "As such, I believe your process failed to meet the basic best practices standard."
Media attorney and consultant Adonis Hoffman has withdrawn a bid to be a board member for broadcast company Tegna, citing a conflict of interest and that CEO Dave Lougee assumed he was a hotel valet at an industry event.
Mr. Hoffman said he may have conflicts of interest, since he serves as a strategic adviser to numerous companies, some of which are Tegna’s direct competitors or key business partners, according to his statement, a copy of which was reviewed by The Wall Street Journal. Mr. Hoffman, who is Black, also said in the statement that he was disturbed by an interaction in 2014 with Tegna CEO Dave Lougee. The men were seated at the same table at an industry event and spoke over lunch; afterward, Mr. Lougee mistook Mr. Hoffman for a valet, deeply offending Mr. Hoffman. At the time of the incident, Mr. Lougee was president of Gannett Co.’s broadcasting unit, which was later renamed Tegna. “I have serious concerns whether Lougee and I could function as colleagues at Tegna or afford each other the level of professional comity and respect required of a well-functioning board,” Mr. Hoffman said in the statement that went to Tegna’s board.
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