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Trump Organization Strips Weisselberg of Roles After Indictment

Trump Organization Strips Weisselberg of Roles After Indictment

The New York Times
Tuesday, July 13, 2021 01:12:30 AM UTC

The removal of Allen Weisselberg from dozens of subsidiaries could signal a looming shake-up in former President Donald Trump’s family business.

A week after state prosecutors in Manhattan indicted Donald J. Trump’s family business and its chief financial officer, Allen H. Weisselberg, the company began removing Mr. Weisselberg from every leadership position he held atop dozens of its subsidiaries, according to a person with knowledge of the matter. The move could be a potential precursor to a wider shake-up at the former president’s company, the Trump Organization, as the reality of the indictment takes hold for Mr. Trump and his senior executives. While Mr. Weisselberg continues to work at the Trump Organization, and there is no indication that Mr. Trump wants to cut ties with him, the company might seek to move him into a lower-profile role. The Trump Organization set the change in motion last week as it began to erase Mr. Weisselberg’s name from subsidiaries or corporate entities affiliated with him, the person with knowledge of the matter said, and public records on Monday reflected that he was no longer linked to at least 20 Trump companies incorporated in Florida. As the records are processed in other states in the coming days and weeks, the full scope of his removal will come into focus.
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