Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Hi, what are you looking for?

slide 3 of 2
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Politics

Politics

Philadelphia 76ers president Bryan Colangelo resigns

Listen to the article now

Trust the Process, Sixers

After an investigation about owning and running multiple anonymous Twitter accounts, 76ers president Bryan Colangelo announced his resignation on Thursday.

The Ringer opened the investigation over the president after seeing multiple accounts such as Eric jr and Honest Abe post sensitive information about the NBA team.

However, in the end, investigators found that Bryan Colangelo did not run these accounts; indeed, his wife Barbara Bottini ran them.

The investigation team stated that Colangelo was still to blame for the information dispersed on the Internet, explaining,

We believe that Mr. Colangelo was careless and in some instances reckless in failing to properly safeguard sensitive, non-public, club-related information in communications with individuals outside the 76ers organization.

Bottini did not comment on the findings, and she reset her phone before giving it to investigators. Consequently, not many conclusions could be made about the extent of her role.

Although Colangelo believes that he dispersed no private information to his wife, explaining that most of the information on the accounts was wrong anyway, he still believed that resignation was his only option.

Sixers managing partner Josh Harris explained,

It has become clear Bryan’s relationship with our team and his ability to lead the 76ers moving forward has been compromised…Recognizing the detrimental impact this matter had on the organization, Colangelo offered his resignation.

Head coach Brett Brown will be interim president until the organization can find a replacement for Colangelo.

The team, which dons the slogan, “Trust the Process” and made the playoffs with an incredibly young team, will face some regression this season without his president. However, in any organization, eliminating toxic leaders is crucial. The 76ers will need to choose their next president wisely to avoid this problem.

 

Featured image via Flickr/Michael Tipton


Comment Template

You May Also Like

Economy

Scientists estimate that human-induced climate change increased the high heat in the southwest US, Mexico, and Central America by 35 times. The World Weather...

Technology

CNBC reported on Tuesday that CEO Elon Musk has instructed Nvidia to prioritize shipments of AI processors to his firms X and xAI over...

Business

X Platform Grants Complimentary Blue Verification Badges to Its Top Users X, formerly known as Twitter, has initiated a significant policy shift by granting...

business news and trends

Sacked Twitter Employees in Ghana Receive Compensation X, formerly known as Twitter, has reportedly settled the redundancy payments for the staff it laid off...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok