Activist Investor Seeks to oust Trump Friend Barrack from CEO Job at Colony Capital (Reuters) BOSTON, Nov 26 (Reuters) – Activist investor Blackwells is pushing to remove Tom Barrack, a billionaire friend of President Donald Trump, as CEO of Colony Capital, saying his mismanagement of the real estate and investment firm has cost shareholders billions of dollars in lost gains. Blackwells, which owns a 1.85% stake in Colony Capital, also wants to install five new directors on the company’s board, saying investors have soured on the company during Barrack’s tenure and will return only when a new leader is named and independent directors are seated.