PAGE 3: In Memoriam

0

The last couple of weeks have been full of transitions. … They saw the deaths of three L.A. business leaders: Lloyd Cotsen, 88, the former chief executive and chairman of the board of Neutrogena Corp., and Marion Anderson, chairman of Topa Equities (see opposite) were both big benefactors of the Anderson School of Management at UCLA. Brad Grey, who left his post as chairman of Paramount Studios in February, died at 59. … Happier news for Evan Spiegel, who was said to have married Miranda Kerr in mid-May. It’s his first, her second. … Transitioning out of a small piece of beachfront property is David Geffen, who has listed a Malibu cottage for $8.99 million, said to be more than $1 million less than he paid Peter Morton for the property in 2008. … Taking over as executive director of Grand Performances is Mari Riddle, replacing Michael Alexander who retires after nearly 30 years at the downtown music event. … Another executive entertainment role was said to be taken last week, as Louise Linton, fiancée of Steven Mnuchin, has been named CEO of Dune Entertainment, Mnuchin’s investment vehicle. Now Treasury secretary, he’s had to set aside all business holdings. … Steve Tisch and Katia Francesconi were at Vista Del Mar Child & Family Services last week to unveil Katia’s Garden, a garden-to-table program they funded. … The Chicago Tribune is reporting that Ari Emanuel, who has given to pols on the local and national scene, has not yet backed the mayoral campaign of his brother, Rahm Emanuel. The super agent has given to New York Mayor Bill de Blasio. Brother Rahm has not been wanting for Hollywood money, however. The Trib says Steven Spielberg, Jeffrey Katzenberg, Haim Saban, Aaron Sorkin, Larry David, and Geffen have all backed his re-election bid. … Forbes has punted locals off its list of wealthiest self-made women for falling below its $260 million net-worth threshold. Off the list are Jessica Alba, who Forbes says is worth $200 million, down from $340 million last year, and Sophia Amoruso, who fell below $50 million from $280 million last year. Both women have seen the consumer products companies they founded falter recently. … Michael Lynton, speaking at the Lerer Hippeau CEO event in New York, said his big takeaway from the Sony email hack was to either delete emails or move them to a non-networked hard drive after 10 days. … Andrew and Peggy Cherng’s Panda Charitable Foundation has given $1.5 million to the University of Missouri Honors College for scholarships, programs, and study-abroad opportunities for “high-achieving students” in the college. … Last week’s school board elections in Los Angeles resulted in good news for Eli Broad and Richard Riordan, both backers of Nick Melvoin, who ousted Steve Zimmer. … Jeff Gundlach told Business Insider that he is shifting his attention to European and emerging markets for equities. “I’d rather much be overseas than in the U.S.,” he was quoted as saying. “The reason people were so bullish on the U.S. is, a) it had done really well from 2011, and b) they believed the dollar was going to go up a lot more. And I disagreed.” … Richard Rosenblatt is relaunching his Whipclip venture with an app called TVTime. Backers include Scooter Braun, Ari Emanuel, and Peter Guber. … Isaac Larian’s hit toy L.O.L. Surprise! has been the No. 1-selling item in its category so far this year, and that has the toymaker planning to roll out even more of the dolls. “Forty-five dolls were initially released,” he told an industry website, “and there will be another 45 this coming fall with different surprises. As far as licensing is concerned, we have a lot of inquiries. We’re going to pick and choose our partners very carefully.”

No posts to display