Former IABC CEO to get severance

SAN FRANCISCO: The International Association of Business Communicators will pay former president and CEO Elizabeth Allan dollars 50,000 in severance pay over two years. Allan resigned last December following the revelation of a discrepancy in the group's finances (PRWeek, December 18, 2000).

SAN FRANCISCO: The International Association of Business Communicators will pay former president and CEO Elizabeth Allan dollars 50,000 in severance pay over two years. Allan resigned last December following the revelation of a discrepancy in the group's finances (PRWeek, December 18, 2000).

SAN FRANCISCO: The International Association of Business Communicators will pay former president and CEO Elizabeth Allan dollars 50,000 in severance pay over two years. Allan resigned last December following the revelation of a discrepancy in the group's finances (PRWeek, December 18, 2000).

The announcement was made in an e-mail to IABC members from interim CEO Lou Williams. Anticipating protests at the payment from IABC members, Williams addressed the expected criticisms before they were voiced.

He said the pay was part of a final resignation agreement that bars payment until the group has restored the October and November 2000 suspended rebate payments to chapters and districts.

'The payment acknowledges many accomplishments that occurred while Elizabeth was on staff,' Williams wrote. 'Her leadership and vision for the organization were important factors in many of these accomplishments.

'IABC believes that her contributions over 22 years deserve recognition.

The agreed payment schedule takes into account the current financial situation.'

Allan had served as CEO for five years. IABC officials said they expect to name a new CEO by June.





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