LOS ANGELES: Responding to allegations that Hill & Knowlton’s Los Angeles office had stolen away five of its prized employees (PRWeek, Sept. 13), Financial Relations Board prexy Ted Pincus said the firm has had no problem replacing the executives.
LOS ANGELES: Responding to allegations that Hill & Knowlton’s Los
Angeles office had stolen away five of its prized employees (PRWeek,
Sept. 13), Financial Relations Board prexy Ted Pincus said the firm has
had no problem replacing the executives.
’Every one of the positions pirated away from us has been filled, and
filled quite promptly,’ Pincus said. He declined, however, to name the
replacements ’because that would make us more of a sitting duck than
ever.’
Instead, Pincus described their qualifications. He said two new
associates had come from investment giants Donaldson Lufkin Jenrette and
Merrill Lynch, while a third had been a consultant to the Environmental
Protection Agency with experience in corporate finance. Another had been
with Paine Webber, and the fifth was previously a professor of finance
at the University of Phoenix.
Asked whether he thought FRB’s recent merger with BSMG might have made
the employees who left fear for their future at the agency, Pincus
responded, ’Nothing could be further from the truth. Our agency remains
a stand-alone unit, with our office and our own people.’
