Edition, April 25, 2001, Page 1
LANDS $1M SO. AFRICA TOUR PR
Patrice Tanaka & Co., New York, has picked up the South
African Tourism account, which could be worth $1 million.
BSMG Worldwide and Lou Hammond & Assocs. also pitched.
The firm will promote the country's striking scenery, cultural
heritage and wildlife, according to John Frazier, president
Blacky Komani, general manager SATOUR/ Americas, said PT&Co.
had the "brand-building marketing PR expertise"
that he was looking for.
The firm's job is to "communicate the new vibrancy,
spirit and discovery of the South African travel experience."
Peter Martin Assocs., Stamford, Conn., had worked on the
REACH OUT TO MWW FOR TRADE PR
Invest-UK deputy director Ian Gibbons says he picked MWW
Group, East Rutherford, N.J., as its charter PR firm because
the advertising that he placed in the past just didn't get
"We ran ads in The Wall Street Journal and other
publications," he told this NL.
Invest-UK wasn't pleased with the response to its message
of getting U.S. companies to grow their businesses in Great
Gibbons decided to give PR a whirl. He invited a dozen PR
firms to pitch the account, and whittled the list down to
MWW won because of its enthusiasm, media relations savvy
and contacts with key corporate decision-makers.
Gibbons made sure he interviewed the MWW team members that
would handle its business. That included senior VP Richard
Schineller and VP Michelle Beil-Smith.
Media Group, Rockville, Md., lands $23 million five-year
communications account as National Cancer Institute renews
its business at the shop recently acquired by Omnicom. CEO
Molly Matthews has done work for NCI since 1987...Hill
and Knowlton won a multi-million dollar campaign to
educate Americans and policymakers about the public health
sector. The Public Health Brand Identity Coalition is the
client, and H&K's Jim Friedman, senior managing director
in H&K's Washington, D.C., office, spearheads the effort.
He is a 23-year veteran of the U.S. Public Health Service.
C&W CUTS 30; PN DROPS ANOTHER DOZEN
Cohn & Wolfe CEO Steve Aiello clipped 30 staffers from
the payroll. "We delayed laying people off as long
as possible," he told this NL.
C&W, he added, is "probably the last WPP-owned
company to lay off people."
The firm's high-tech unit is especially hard hit. "The
technology market essentially went south," said Aiello.
C&W, for its part, has lost business and hasn't come
up with a blockbuster account win of late, according to
He sent a "state of our business" memo to staffers
outlining the reasons for the cutbacks. The firm held staffer
meetings in the U.S. and overseas last week to explain the
cuts. "We have had to make the hardest decision of
all and implement a number of redundancies, saying farewell
to 30 of our U.S. colleagues," he wrote.
C&W, following the cutbacks, employs 485 people.
PN Slices Dozen in New York
Porter Novelli's Bob Druckenmiller trimmed a dozen people
from the firm's flagship New York office. It has about 250
He said PN has done "selective" cutbacks, slicing
about 50 employees since the beginning of the year to cope
with the economic downturn.
PN this year hopes to register growth in the low double-digit
"We've been winning business, but current clients are
postponing projects," said Druckenmiller.
Myron Marlin, who was U.S. Attorney General Janet Reno's
spokesperson, has joined APCO Worldwide as VP/senior strategist.
"I was attracted to APCO because I wouldn't get pigeonholed
into one area," Marlin told this NL.
Besides litigation and crisis work, Marlin noted that he'll
be involved in corporate restructurings, and merger/acquisition
Marlin had an eventful career at the Justice Dept.
He joined its civil rights unit in 1993, and helped promote
the Justice Dept.'s landmark agreement with Denny's Restaurant
chain regarding allegations of discrimination.
Marlin joined Reno's staff at the "tail end" of
the Waco incident. As Reno's spokesperson, he handled a
broad range of issues such as church arsons, discriminatory
lending practices and the Navy's use of a Puerto Rico bombing
Edition, April 25, 2001, Page 2
FINGERED IN TRAVEL GUIDE MESS
Georgia tourism officials ran a rigged selection bid for
publication of its travel guide, alleges Richard Goldman
of Publication Concepts, Atlanta.
PC, which had published the guide for eight years, lost
the bid for the 2001 guide to Southern Living, which is
based in Birmingham, Ala.
Hill and Knowlton ran the RFP for its client, Georgia Dept.
of Industry, Trade and Tourism.
Goldman told this NL he suspected "mischief" following
losing the bid-though he undercut SL's price to do the book.
PC bid $272,940, while SL offered $770,000 as its price.
Goldman asked for "all documentation" concerning
the bid. That yielded a paper dated in June outlining a
"verbal agreement" the state made with SL to do
Goldman was contacted by H&K staffers by e-mail on July
19 to submit a bid within seven days.
Connie Neeley, then-deputy commissioner of the tourism guide,
announced SL won the pact in August.
Goldman seeks damages
Goldman has filed a complaint with Georgia's Attorney General
seeking financial damages from the lost bid. He had to cut
12 of 30 staffers.
Various Georgia convention bureaus have complained to the
state they couldn't afford the $50,000 full-page ad rate
in the SL guide, PC had charged $11,000.
H&K's Harry Costello, who oversees the firm's southeast
region from Tampa, could not be reached for comment about
the bidding process.
Neeley, on April 19, resigned her post effective June 30.
RAGES OVER ANTI-SLAVERY AD
Salon.com columnist David Horowitz has been dubbed a "PR
genius" by The Los Angeles Times for trying
to run his full-page ad, "Ten Reasons Why Reparations
for Slavery is a Bad Idea-Racist Too," in 50 college
newspapers across the U.S. at the beginning of this month.
His campaign against reparations for slavery has roused
a national uproar.
Associate dean Elizabeth Toth, a PR professor in Syracuse
Univ.'s S.I. Newhouse school of public communications, believes
Horowitz has already gained what he was after in the first
Horowitz says in the ad that African-Americans should be
grateful to whites who fought to free them from slavery.
The ad also claims no one group is responsible for slavery.
Proponents of reparations counter that those responsible
for slavery should pay money to blacks for the financial
ramifications caused by slavery.
Horowitz, a former editor of Ramparts magazine, is
also editor-in-chief of FrontPageMagazine.com and the president
of the Center for the Study of Popular Culture.
He said more than twice as many papers have refused his
ad as have agreed to publish it (the actual score is 34-14),
even though he offered to pay for the space to run it. Only
eight college papers have been able to print it without
Six papers which published it were visited by howling mobs,
and three of those have apologized for doing so.
"The net result has been to bring the issue of intellectual
freedom on American college campuses before millions of
Americans," said Horowitz.
Horowitz said his position was meant to counter the case
made by Washington, D.C., PR consultant "Randall Robinson
and every reparations proponent known to me."
Robinson, who heads Trans Africa, is author of The Debt:
What America Owes Blacks.
In it, Robinson argues that America needs to understand
the nature and root of the problem that causes the economic
disparity between blacks and whites and urges a committment
of a magnitude equal to a Marshall Plan.
GET M&A PR ADVICE
Richard Nicolazzo, CEO/president of a Boston-based PR firm
that has been involved in more than 30 major mergers and
acquisitions, believes poor PR is the reason for the failure
of so many mergers.
"Strategic communications is a driving force in making
deals work," he recently wrote in an article for M&A
While corporate financial executives, legal counsel, investment
bankers and auditors conduct their due diligence prior to
a deal, someone needs to concurrently execute a similar
"communications audit" early on in the process,
He recommends a 10-step process to the lawyers to ensure
the adoption of a strategic PR plan:
1. Evaluate the corporate reputation of each side.
2. Pull the drapes off the skeletons in the closet.
3. Develop a situation analysis.
4. Establish a communications goal.
5. Define and dissect all relevent audiences.
6. Establish a clear positioning strategy.
7. Agree on consistent key messages.
8. Select and train spokespeople.
9. Synchronize communications implementation.
10. Incorporate measurement.
KANE BACKS OUT AS CLINTON MODERATOR
Larry Kane, a news anchor for KYW-TV, in Philadelphia, would
not moderate a question-and-answer session after former
President Bill Clinton spoke to the Old York Road Temple-Beth
Am on April 22, in Abington, Pa.
Kane, a member of the Temple, said he could not moderate
the session because "as a journalist, I couldn't live
with the concept of screened questions."
Clinton, who typically gets $100,000 for a lecture appearance,
will participate in a question-and-answer session only if
the questions are submitted in advance to his office.
Edition, April 25, 2001, Page 3
TO OVERCOME THE FEAR OF PITCHING
"PR professionals' deep, dark secret is they hate calling
the press to pitch them a story," according to an article
in the March issue of HWH PR's newsletter, which is edited
by Lois Whitman, president of the New York-based firm.
"Most PR folks would rather get lost in writing releases,
developing strategy, creating major events and giving advice,"
according to the anonymous writer of the article.
"PR professionals do not like to admit their fear,
even to themselves. It takes a certain kind of personality
to get on the phone, make cold calls, and handle the rejection.
It's a difficult process, even for the most seasoned experts.
A PR pitch person has to love the end reward of producing
a major story for his or her client."
The article offers these five recommendations for making
pitches that get results:
1. Read everything in sight. Learn the editorial
makeup of the medium you are pitching. Share this information
with the client.
2. Treat the press with the utmost respect. You can't
abuse their service. Even if you pitch them the best story
in the world, they are still doing you a favor by writing
or producing it.
3. Don't just call the press when you need them. You
need to develop a relationship with them even if it is just
over the telephone. Help them with other leads, research
4. Press releases are very important. Don't just introduce
a new product or service; explain how it is being used and
what impact it makes.
5. Respect members of the press. Know their deadlines
and limits. Be knowledgeable about the story you are pitching.
If you try to disguise your ignorance and you get caught,
you will never get that person on the telephone again.
AND N.Y. TIMES AGREE ON PHOTO USE
The National Basketball Assn. has settled a lawsuit against
The New York Times stemming from the paper's decision
to sell a collection of game photos taken during the 1999
The NBA had argued the offer violated terms of the press
passes that photographers use to do their jobs.
The Times agreed to include a reference to NBA.com in its
online and print advertising.
The National Hockey League and Major League Baseball also
hope to regulate how game photos are used by publishers.
Both leagues object to the use of game photos for non-editorial
Baseball's move is not aimed at newspaper and magazine coverage
that benefits the game. But the league wants to limit how
many photos are transmitted during games and how they are
Negotiators for MLB and publishing companies are close to
an agreement that would end the dispute, The Los Angeles
Publishers said sports leagues have no legal right to tell
them when news stops being newsworthy or how their words
and images are used.
Sports leagues argue that publishers should not use their
photos on T-shirts, and licensing companies that make deals
with celebrities and athletes also oppose such usage by
In 1995, retired National Football League quarterback Joe
Montana unsuccessfully sued The San Jose Mercury News over
a poster that included his photo.
N.Y. FED HOLDS `VIRTUAL' PRESS CONF.
The Federal Reserve Bank of New York, which stopped holding
its weekly press conferences (about the status of the money
supply) last August, issues a page of "points"
it wishes to make to journalists via a "virtual"
Journalists can access the page on the N.Y. Fed's website
via a password.
Heroun has stepped down as acting editor of Boston
magazine. No replacement has been named.
Gail Evans, 60, who handled guest bookings for CNN News
for many years, is leaving to write a sequel to her book
Play Like a Man, Win Like a Woman, about women in
Coleman Andrews, 56, was upped to editor-in-chief
of Saveur magazine, replacing Newsweek- bound
Dorothy Kalins, 57.
Chris Anderson, 39, will replace Katrina Heron as editor-in-chief
in June of Wired magazine. Anderson is business editor
in the U.S. for the Economist magazine.
Dosti, who wrote "Culinary SOS" food column
for the Atlanta Journal-Constitution, since 1981,
left April 8. She was replaced by Cindy Dorn.
Jenny Rosenstrach was named senior editor of Real
Simple magazine. Rosenstrach, who had been a senior
editor at Biography Magazine, also writes a column
for Cooking Light Magazine and has written freelance
pieces for In Style, Mademoiselle, New
Woman and Frommer's Budget Travel.
Irvine, a newswoman for The Associated Press in Chicago,
has been promoted to national writer, covering stories about
and of special interest to young readers. She will be based
Susan Casey, who helped create Outside magazine,
was named editor of Sports Illustrated for Women,
replacing Sandra Bailey.
Casey will put new emphasis on participatory sports when
the mag changes to eight times a year.
Alex Heard, who is executive editor of SIFW, is returning
to Outside as editorial director.
news continued on next page)
Edition, April 25, 2001, Page 4
NET USE AT ALL-TIME HIGH
Journalists now use the Internet as easily as the phone,
further increasing the myriad ways companies can provide
information to the press, according to the 7th annual Middleberg/Ross
Survey of Media in the Wired World.
Reporters and editors' use of the 'Net for e-mail, article
research, and finding story ideas, news sources and press
releases is at an all-time high, according to the survey,
which was conducted by Don Middleberg, chairman/CEO of Middleberg
Euro RSCG, and Steve Ross, associate professor at the Columbia
Univ. graduate school of journalism.
For example more than 98% of respondents go online at least
daily to check for e-mail and spend 15 hours a week online
reading and sending e-mail.
Seventy percent of the journalists say they or their colleagues
engage in dialogues with readers via e-mail and discussion
In 1995, 59% of respondents reported they used e-mail. For
article research, 92% of the respondents say they go online
for this purpose in 2000, compared with 66% of respondents
Key findings include:
-Journalists believe the Internet has made their jobs easier
and improved the quality of their work;
-Seventy-one percent of respondents say they lack training
in computer-assisted reporting, and of those who have received
it, almost half got it on their own initiative;
-Of print respondents, 81% are searching online daily, yet
journalists use topic-specific search engines and lack knowledge
about specialized websites;
-Corporate websites are a key source of information when
reporting breaking news when no other primary source is
The results are based on more than 500 journalists working
at newspapers, magazines and broadcast outlets nationwide.
The trend data is based on responses from the last seven
years, totaling about 4,000 responses.
Net paid circulation at The New York Times
rose to 1,159,954 on weekdays and to 1,698,281 on Sundays
for the six-month period ending March 31, according to figures
filed by the publisher with the Audit Bureau of Circulations.
The Times is currently available in 199 markets, up from
58 markets in 1997, and is now sold at 24,000 national retail
outlets, up from 17,000 in 1997.
Los Altos (Calif.) Neighbor has changed its name
The biweekly newspaper, which serves 35,000 homes and businesses
in East Long Beach, was acquired last June by Beeler &
Assocs., a 23-year-old PR firm in Long Beach, owned by Jay
P-O-P Times, a national news publication for
the point-of-purchase ad industry, is offering free subscriptions
to PR professionals.
William Schober, editorial director, said the paper features
coverage of P-O-P efforts from companies like Coca-Cola,
Anheuser-Busch, Sprint, Disney and Nike every month. Info.:
Samir Husni's Guide to New Consumer Magazines shows
there were 874 new consumer magazines in 2000, up from the
Whereas sex previously had been the leading content category
with start-ups, it was replaced last year by celebrity personality
stories, followed by sports, crafts, home, regional, and,
only then, sex, according to Husni, who teaches at the Univ.
The jump in regionals was sparked by the start up of Houston
Bride, Oklahoma Gourmet, South Florida Money Watch and
New York leads in new magazine launches, followed by California
guide is $95. 888/269-5372; www.bowker.com.
Crain's New York Business will start reviewing
electronic consumer products for business execs in a new
online section called "Gizmos & Gadgets,"
which will debut soon on www.crainsny.com.
The section will also include a feature in which business
executives explain why they use a particular product.
To be considered for this feature, publicists can e-mail
the information to [email protected].
Men's Health is looking for expert-backed
presentations and coverage of a wide variety of topics with
a core target of men in their 30s.
Contacts by topic are: Joe Kita, travel; Hugh O'Neill, books;
Warren Greene, gear; Ron Geraci, health; Adam Campbell,
fitness; Steve Perrine, celebrities, and Brian Good, nutrition
David Zinczenko is the editor in charge of the U.S. edition.
Editorial offices are at Rodale Publications, 33 E. Minor
st., Emmaus, Pa. 18098. 610/967-5171; fax: 967-7725. [email protected].
Parents magazine, which has acquired
the subscriber list of the now-defunct Dads magazine,
plans to include a special section dedicated to fathers.
Recommend Magazine, a nationally circulated travel
industry magazine, won the Mississippi Travel Media Award
for its extensive coverage of the state.
Laurel Herman, who is publisher/editorial director of Recommend,
said the magazine is dedicated to providing travel agents
with the most in-depth coverage of travel destinations.
She can be reached at 5979 N.W. 151st st., Miami Lakes,
FL 305/828-0123; fax: 826-6950.
Reuters America has relocated to the new Reuters
Building at 3 Times Square, bringing together almost all
of he New York-based staff.
Edition, April 25, 2001, Page 7
NET ASSETS UP 61% TO $3.47M
Net assets of the National Investor Relations Institute
climbed 61% to $3,472,966 in 2000, helped by a profit of
$1,431,905 on its national conference and profits of $602,563
on seminars and teleconferences it held throughout the year.
Conference/seminar revenues rose 20.2% to $3,521,960 while
expenses only rose 4% to $1,487,492. Cash and investments
soared 67% to $4,150,553. The audit for the year ended Dec.
31 was completed Jan. 31 by Kaufman Davis, CPAs.
Total revenues in 2000 were $6,381,841 and expenses were
$5,066,684. Cash/investments are thus well over the six
months of revenues that many associations have as a goal.
Dues income rose only 5% to $2,085,738. CEO Lou Thompson
said that a hefty reserve is needed in case the seminar
business should turn down.
NIRI does not have a deferred dues account to provide for
future services to members. It considers the dues it receives
as a "contribution" to NIRI to be used at the
sole discretion of the board.
Payroll costs of $1,350,277 for salaries and $230,830 for
benefits were 24.7% of the $6.3M in revenues.
General travel/entertainment expenses were $99,717 while
T&E plus printing/postage for the conference and seminars
totaled $60,858. The 17-member NIRI board pays its own travel,
food and hotel expenses as do committee heads and other
McCahon Is New Chairman
Jane W. McCahon, former VP of corporate relations at Eastern
Enterprises, Weston, Mass., and now with Conway Communications,
took over as chairman at the annual meeting March 8, succeeding
Bonnie Dennis, IR counselor in Los Altos, Calif.
Dennis told the annual meeting March 8 that membership grew
16% in 2000 to 5,251. Four years ago the total was 3,500.
About half of the new members have less than two years of
experience in IR. About one-quarter of the total membership
has 10 or more years in IR. About half the new members came
from Nasdaq firms.
NIRI was quoted in 472 stories reaching 68 million subscribers/readers
Thompson said that with Regulation Fair Disclosure companies
must put more emphasis on non-financial factors. "It
means a broader definition of the IR job," he said.
Some analysts, he noted, are asking what their role is now
that what is known about companies' earnings prospects "are
in full public view." He said they must do more evaluating
of long-term prospects.
BURSON HEADS GRISWOLD COMMITTEE
Harold Burson, founder of Burson-Marsteller and a longtime
friend of the late Denny Griswold, founder of PR News,
is chairman of the Denny Griswold Memorial Committee which
will hold a service for Griswold in the near future.
Griswold died Feb. 7 in Norwalk Hospital after spending
five-and-a-half years in Wilton Meadows Health Care Center,
Burson was chair of the 50th anniversary dinner committee
for PR News and Griswold. It was to have taken place Oct.
26, 1994 but was cancelled due to ill health of Griswold.
Other committee members thus far include Lisa Kovitz, president
of Women Executives in PR, founded by Griswold in 1945;
Shirley Alexander, representing the Newsletter & Electronic
Publishers Assn., of which Griswold was an original member
in 1969; Howard Hudson, who founded the New York arm of
the NL group in 1969; Kathy Lewton, chair of PRSA; Bob Weintraub,
chair of PRSA/NY; Jack Felton, president, Institute for
PR; Barbara Burns, U.N. representative of the Int'l PR Assn.;
Betsy Plank, 1973 president of PRSA and a longtime friend
of Griswold; Elinor Guggenheimer, who is active in senior
citizens' issues and who wrote a poem for the 50th anniversary
WEPR dinner honoring Griswold; Norma Lee; John Budd; Sheila
Kelley; Len Daniels; Wes Pedersen, and Terry Mayer.
TELLS PRSA/NY OF PROGRESS
Kathy Lewton, chair of PRSA, told the board of PRSA/New
York April 18 that the Society is making financial progress
and that it will add increasing amounts to its treasury
this year and the next two.
PRSA lost $640,000 in 2000 after some leaders predicted
it would break even. It lost $426,288 in the previous year.
Lewton said 5,000 members did not renew last year but that
many of them are now coming back. Calls are being made to
those who did not re-up.
Lewton did not provide the audit for 2000, which has been
at PRSA h.q. since early April. Asked for the budget for
2001, she did not have it but said it would be made available
to anyone who asks for it.
Six of the board members including Lewton flew to Epping,
N.H., Saturday April 21, where services were to take place
the following day for the late Patrick Jackson, 1980 president.
PRSA picked up the expenses of Catherine Bolton, president,
but the other directors paid any extra travel costs out
of their own pockets, said Bolton.
Board members now get a stipend of $500 for air travel for
each board meeting, all of which are in New York this year
except for the one in Atlanta at the annual conference.
A PRSA/NY director asked the cost of the settlement with
former president and COO Ray Gaulke, saying rumors are that
it is costing PRSA $500,000. Gaulke has four years to go
on a contract worth about $250K a year. Lewton said negotiations
took place with Gaulke's lawyer and both sides have promised
confidentiality. Gaulke continues to consult for PRSA, she
Eight of the 16 PRSA/NY directors were present: Robert Weintraub,
president; Michael Rinaldo, president-elect; Don Bates;
Barri Rafferty; Grace Leong; Kathy Lauri; Dena Winokur,
and Emmanuel Tchividjian. The meeting took place at Fleishman-Hillard,
where Lewton and Rinaldo are employed.
Edition, April 25, 2001, Page 8
National Investor Relations Institute (page 7) is cash-rich,
unlike its two cousins, PRSA and IABC, which are cash-poor.
NIRI's cash and investments of $4.1 million is four times
the $1M cash PRSA had last June 30 (latest available figure).
NIRI's cash is double its dues income of $2.08M for one
year. If PRSA had such savings, it would have nearly $8M
in the till.
Why does NIRI have so much money? (Maybe it's overcharging
members on dues, which are a hefty $425, and overcharging
For one thing, NIRI has cultivated the service firms that
put up nearly 100 exhibits each year at its conference.
The Sunday night opening dinner is held among the booths
with copious food and drinks. NIRI members treat exhibitors
as equals and necessary partners, not as interlopers. The
IR group made $1.43M from exhibitors in 2000 while PRSA
only made $42K. These profits plus $602,563 in profits from
other seminars are tax-free because the income is from educational
activities, as defined by tax law.
PRSA closed its exhibit hall for five years and reopened
it last year. It had concentrated on its two publications,
Tactics and Strategist, whose advertising
income is taxable because ads are sales and not educational
materials. PRSA had to pay $135K in back taxes and interest
last year for not properly accounting for its advertising
income. In emphasizing publications over exhibits, PRSA
picked the wrong horse.
Travel and payroll expenses of NIRI and PRSA also tell
why NIRI has $$ and PRSA doesn't.
The 16 elected NIRI directors and committee heads pay their
own travel expenses.
NIRI's travel bill was about $130,000 for 2000 while PRSA's
was $581,877 in 1999, up 27% from 1998. PRSA not only pays
directors' travel bills (including trips to London and numerous
resorts) but started paying for ethics and APR board travel.
NIRI's payroll costs were $1.58M or 24.8% of revenues of
$6.38M. PRSA's payroll costs (1999) were $3.15M, or 40.4%
of revenues of $7.8M.
IABC's payroll was 28.8% of gross in 1997, the latest year
available. Payroll for groups in the $5-$10M range averages
26.8%, says the ASAE.
Another huge cost that PRSA alone has is accreditation.
It has spent more than $2M net on APR in the past ten years.
Only 352 PRSA members showed up for the two APR exams last
year, which is about equal to the 343 who showed up in 1985
when membership was 12,372 (current membership is 19,000+).
Also, PRSA, compared to NIRI, has gone hog-wild over computers,
spending $999,000 (as of 1999) on software and hardware.
NIRI has spent $293,190 for all "property and equipment"
(computers are not broken out) and about $50,000 for software.
NIRI CEO Louis Thompson told the annual meeting that
with Regulation Fair Disclosure and more emphasis on non-financial
factors in judging stocks, IR pros "must be in
charge of crafting the company's strategic message."
This means they will be moving into PR and dealing with
general reporters. Corporate PR lately has come under the
thumb of marketing, human resources and legal. A symptom
of this is that the recent Arthur Page Society meeting concentrated
on internal communications. Another symptom is that the
corporate section of PRSA is the only one of 14 without
a current slate of officers. It has no website although
10 sections do... Thompson said some analysts are wondering
what their role is now that the public is to have equal
access to corporate information. Not mentioned by Thompson
was the analysts' other big problem-the criticism by six
major media that analysts have become too sales oriented.
A committee headed by Rep. Richard Baker of Louisiana will
look at individual analyst holdings and how they effect
their advice. One analyst had a stake of nearly $10M in
a stock he analyzed...PRSA chair Kathy Lewton, who addressed
PRSA/New York last week (page 2) should have brought along
the 2000 audited report and the budget for 2000. This
would have given the New York directors something tangible
to discuss. Either she or Ray Gaulke should reveal the amount
of the settlement to Gaulke, to whom PRSA owed at least
$1M on the four years remaining on his contract. IABC told
its members of the settlement it made with departed CEO
Elizabeth Allan, who was at IABC 22 years. The new PRSA
board is failing to take up the issue of decoupling office
holding from APR, the No. 1 issue before the Society...
Russell Garrett, husband of Susan Garrett, who had power
of attorney for her aunt, the late Denny Griswold, operates
a business on Amazon.com selling "oldie records"
(Beatles, Yardbirds). He also reviews rock records and has
the nickname, "The RealRuss" with the e-mail address
of [email protected].
He showed up on Google.com,
a search engine, broadcasting at 4:26 a.m. on Jan. 21, 2001
on the British Invasion Radio Station. One entry identifies
him as Russell Garrett "from Westport CT USA."
We e-mailed him but he didn't reply. The first question
we want to ask is why didn't he and Susan tell Denny's friends
in 1995 that she had broken her hip and was in Wilton Meadows
so that friends could send her cards and flowers (not to
mention the engraved Tiffany silver plate last seen in Ray
Gaulke's hands)...the Williams Club, 39th and Madison,
is on a membership drive and is open to college grads
referred by a member (Jack O'Dwyer for info).