×
You will be redirected back to your article in seconds

Time’s Up CEO Resigned After Son Was Accused of Sexual Assault

Time’s Up has announced in a statement posted to Instagram that its former president and CEO Lisa Borders, who resigned Feb. 18, did so after her son was accused of sexual assault in a “private forum.”

“Within 24 hours, Lisa made the decision to resign as President and CEO of Time’s Up and we agreed it was the right decision for all parties involved.”

Borders served in her role for just three months. Her original statement attributed her resignation to “family issues.” Time’s Up COO Rebecca Goldman will now serve as interim CEO.

“As Time’s Up continues to grow, I am proud of the work I have done to shepherd its continued development,” Borders said at the time of her resignation. “Unfortunately, it is with deep regret that I must resign from Time’s Up to address family concerns that require my singular focus. I appreciate the opportunity to support this mission and I hope my efforts will continue to resonate.”

“All of our actions were fully guided for our support for survivors,” Time’s Up’s Thursday statement continued. “We respect the rights of all survivors to own their own stories.”

Read the full statement below.

TIME’S UP unequivocally supports all survivors of sexual harassment and abuse.

On Friday, Lisa Borders informed members of TIME’S UP leadership that sexual assault allegations had been made against her son in a private forum. Within 24 hours, Lisa made the decision to resign as President and CEO of TIME’S UP and we agreed that it was the right decision for all parties involved. All of our actions were fully guided by our support for survivors.

We respect the rights of all survivors to own their own stories. We strongly encourage anyone who has experienced sexual harassment, assault or related retaliation in the workplace or in trying to advance their careers to contact the TIME’S UP Legal Defense Fund for assistance.

We remain committed to our mission to create safe and dignified work for women of all kinds.

Popular on Variety

More Biz

  • Amazon Music

    Amazon Music Unveils HD: the ‘Highest Quality Audio’ for Streaming

    Amazon Music today became the first of the three major streaming services to offer high-definition sound with the launch of Amazon Music HD. According to the announcement, the service offers a new tier of high quality, lossless audio with more than 50 million songs in High Definition, and millions of songs in Ultra High Definition, which it claims [...]

  • Sony Corp USA Building Placeholder Logo

    Sony Rejects Breakup Proposal From Dan Loeb

    Sony has rejected the corporate breakup proposal that it received three months ago from activist investor Dan Loeb and his Third Point Capital. Loeb, who in June built up a $1.5 billion stake in the company, had called on Sony to divest its image-sensors business in order to focus more on entertainment, release value and [...]

  • CBS Studios Exterior

    CBS Credit Union Manager Sentenced to 14 Years for $40 Million Fraud

    Edward Rostohar, the longtime manager of the CBS Employees Federal Credit Union, was sentenced on Monday to 14 years in prison for embezzling $40 million. The massive fraud left the credit union insolvent. It was shuttered and taken over by the University Credit Union, which assumed the accounts of 2,800 members. Rostohar pleaded guilty in [...]

  • United Talent Agency Reveals New Logo

    UTA Unveils New Logo, Corporate Image

    UTA raised the curtain Monday on a new corporate logo. The three-dimensional image is meant to emphasize the talent agency’s focus on uniting ideas, opportunities and talent. Building signage with the new logo will go up next month at UTA’s headquarters in Beverly Hills. “Our new identity captures the multiple facets and intersections of our [...]

  • Tribune Tower

    FCC Approves Nexstar Acquisition of Tribune Media

    The FCC has voted to approve Nexstar’s $4.1 billion takeover of Tribune Media, paving the way for Nexstar to become the nation’s largest owner of television stations with more than 200 outlets serving a wide swath of the country. FCC commissioners voted 3-2 to approve the merger agreement that was reached in December. Nexstar’s pact [...]

  • Endeavor co-founder Ari Emanuel

    Endeavor Aims to Raise $620 Million With IPO

    Endeavor disclosed Monday that it expects a price between $30 and $32 per share for its initial public offering in the fall. Endeavor — the parent company of WME, UFC, IMG, Endeavor Content, Professional Bull Riders and other assets — aims to raise as much as $620 million with the sale of 19.4 million shares. [...]

More From Our Brands

Access exclusive content