How does the man who has everything accessorize at a white tie affair? Rick Caruso knows. Caruso was honored Jan. 14 at the Cathedral of Our Lady of the Angels downtown when Archbishop José Gomez invested him as a knight commander in the Order of the Knights of St. Gregory the Great. Caruso said the honor came from Pope Francis and the news was delivered about a month ago by Gomez. “I wasn’t part of that process – I received a nice note from the archbishop letting me know Pope Francis had designated me a knight, obviously I’m very honored and thrilled and humbled by it,” he said. The honor came in recognition of Caruso’s service to the community and as an “exemplar of devotion to the Church, having lived a life of service and generosity to so many in need with our Archdiocese.” The knighting process, Caruso said, was a simple affair.“You go up to the altar with the archbishop and he congratulates you and hands you your medal,” he said. “There is an oath you take as part of the process to do the good things, the right things (in the spirit of St. Gregory): service to the church and those less fortunate. You promise to be a servant of the servants. I really love that notion.” The medals the archbishop gave him – there were three – are kept at home. “The larger medal is really a dramatic medal with a ribbon and you’re supposed to wear it to a white-tie event,” Caruso said. “There is a smaller version you wear at a black-tie event, and a smaller rosette you wear on your lapel with a suit.” … With Michael Lynton set to step down as chief executive of Sony Entertainment, the Hollywood rumor mill has switched to overdrive. Lynton will become chairman of Snap Inc., parent of the Snapchat social media company co-founded by Evan Spiegel and Bobby Murphy that is expected to go public in the next couple of months, and the fate of Sony following his departure is the subject of much speculation. Among those named as possible successors are Jeff Robinov, whose slate at Studio 8 is set up at Sony; Jeffrey Katzenberg, who is tied to NBCUniversal’s digital efforts after the sale of DreamWorks Animation but might be interested in heading another studio; Tom Freston is on some short lists, as are Jim Gianopulos and Steve Mosko. But there are no guarantees the entertainment unit will stay in the Sony fold. New players in the entertainment field such as Amazon, Alphabet, Apple, and Facebook, all may see Sony Entertainment as an easy way into the content business. And don’t forget Les Moonves – the CBS chairman wasn’t able to merge with ailing Viacom and might see Sony as a way to finally get his hands on a studio. … Los Angeles County Museum of Art Director Michael Govan got the in-depth treatment in The New York Times, which had L.A. bureau chief Adam Nagourney look at the museum’s effort to raise $600 million for a reconstruction of the institution, including a new building designed by Peter Zumthor. Govan was said to have received $300 million in commitments for the project and is seeking an additional $150 million by the end of the year for the project to continue. “It’s a big project for L.A., and there’s been a little lack of confidence that the money will be raised,” Govan told the paper. “But I think just getting close to the halfway point, I’ve sensed a change in my trustees and supporters. There’s this strong sense with them that this is likely to happen.” … The Larta Institute, a hard-sciences tech accelerator downtown, received the Small Business Administration’s Tibbetts Award this month for its work in helping SBA-funded businesses commercialize their products. Rohit Shukla, Larta’s chief executive, said in a release that the award was an acknowledgment of the institute’s model of using tailored assistance. “We are humbled that this approach has been borne out by the success of the companies and the widespread acknowledgement of our work,” he said.
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