High spending has IABC cutting costs

NEW YORK: Amid financial and personnel concerns, the International Association of Business Communicators (IABC) has suspended Shel Holtz as its chief communications counsel. Holtz was hired last January to work on the IABC's 'New Wave' conferences, build its Web site, and serve as a spokesperson.

NEW YORK: Amid financial and personnel concerns, the International Association of Business Communicators (IABC) has suspended Shel Holtz as its chief communications counsel. Holtz was hired last January to work on the IABC's 'New Wave' conferences, build its Web site, and serve as a spokesperson.

NEW YORK: Amid financial and personnel concerns, the International Association of Business Communicators (IABC) has suspended Shel Holtz as its chief communications counsel. Holtz was hired last January to work on the IABC's 'New Wave' conferences, build its Web site, and serve as a spokesperson.

This comes on the heels of the resignation of Elizabeth Allan as CEO (PRWeek, December 18) and amid controversy over the site's high cost, estimated at around dollars 1 million. Under Allan's leadership, the group had undertaken a number of costly ventures, including the TalkingBusiness-Now.com site.

Since the discovery of a dollars 200,000 discrepancy in its finances last year, the group has imposed many austerity measures, including delaying publication of its magazine and sitting on dues designated for chapters.

Holtz will continue to volunteer around 20 unpaid hours a month counseling officials and handling member e-mail.

'I don't know what I would've done without him,' said interim IABC CEO Lou Williams, Jr. 'I'm grateful he's agreed to stick around.' The search for a CEO continues.



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