Fabiani bids farewell to Cassidy after 20-year tenure

WASHINGTON: The Cassidy Companies will end 2001 by saying goodbye

to its most loyal employee, CEO James Fabiani.



The 20-year Cassidy veteran is leaving to set up his own shop, Fabiani &

Company, which will focus on "the intersection between government

relations and marketing for entrepreneurial corporations ... that have a

client or technology where the Federal Government could invest." He and

six employees - none of whom is coming from Cassidy - will open the shop

with a handful of unnamed clients in Washington on January 2.



Fabiani's move is the latest of many. In November, Cassidy subsidiary

Powell Tate lost EVP Mike Gelb, a founding member, who left to launch

Gelb Strategies, and Robert Bork, Jr., who walked away from his

eponymous Cassidy subsidiary to form Bork Communications. Powell Tate

president David Krawitz left to run APCO Worldwide's LA office in

October.



"It feels like the right time to go out and build something," said

Fabiani.



"The company is in good shape, but it's a different company, a changed

company."



Plans to replace Fabiani - as well as the other recently departed execs

- are on hold until January's merger with BSMG.



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