Randall Lane, a former editor at Forbes, has received $6 million for his involvement in the sale of Shook Research, a company that partnered with Forbes, to a private equity firm. Lane, who was dismissed from Forbes in July, reportedly offered guidance during the transaction.
The payment was disclosed by a founder of Shook Research. Lane's role involved advising Shook Research as it navigated its sale to the investment firm. The details of Lane's compensation and his specific contributions were brought to light following his departure from Forbes.