PORTER NOVELLI BRINGS IN JERNSTEDT
Porter Novelli, which is searching for a new CEO, has brought in veteran agency pro Rich Jernstedt as a part-time senior counselor in Chicago to focus on new business and counsel clients.
Jernstedt was CEO and chairman at GolinHarris in 26 years at the firm and later a senior partner at Fleishman-Hillard, where he has been a consultant during the past year through his firm, The Jernstedt Company.
Acting PN CEO Michael Ramah said Jernstedt will bring “strategic depth, a significant understanding of
our business and a real record of leadership” to the firm's Chicago operation.
Ramah took the reins last month with the resignation of CEO Gary Stockman at PN, which has seen other high-level departures this year.
Jernstedt noted PN’s “commitment to transformation” and said he looks forward to contribute to that effort.
Porter Novelli is pat of Omnicom.
EX-TREASURY AIDE SLATED FOR GOLDMAN
Andrew Williams, a former public affairs staffer to Treasury Secretary Tim Geithner now with General Electric, will join Goldman Sachs next month as the bank continues its PR overhaul.
Williams has been director of media relations at GE for the past two years, helping the company respond to fallout from a damaging New York Times piece last year that said GE paid no corporate taxes in 2010.
The Financial Times, which first reported Williams’ move, noted he was a fixture seated behind Geithner during congressional hearings early in the secretary’s tenure in the Obama administration.
Prior to Treasury, he was VP for the Federal Reserve Bank of New York under Geithner and worked on the agency side as a director for Public Strategies.
Goldman in March brought in former Geithner aide and White House press secretary Jake Siewert to replace longtime communications chief Lucas van Praag, who retired.
That move came after a vicious cycle of bad press for the bank since the financial crisis which climaxed when a 12-year employee savaged the firm in a widely read March 14 New York Times op-ed that declared the Goldman work environment “toxic and destructive.”
Prior to Public Strategies, Williams was a media relations specialist at the Federal Reserve Board.