CEO of ESSENCE Communications, Richelieu Dennis, has stepped down from his position amidst allegations of sexual misconduct. On Wednesday (Jun 30) the iconic publication released a statement revealing that Dennis has reportedly "stepped down" as CEO while the magazine conducts its independent internal investigation over the claims written in an anonymous essay posted over the weekend, adding that Caroline Wanga will be acting as interim CEO while they undergo the process.

National

Richelieu Dennis spoke with News One about the developments surrounding the acquisition of this company and its brands.