Starkman verifies representation of ex-NYSE chairman

NEW YORK: Starkman & Associates is representing Dick Grasso, the embattled former CEO and chairman of the New York Stock Exchange, the agency confirmed.

NEW YORK: Starkman & Associates is representing Dick Grasso, the embattled former CEO and chairman of the New York Stock Exchange, the agency confirmed.

Eric Starkman, president of the New York-based agency, has been named in recent media reports, including in The Wall Street Journal, as a spokesman for Grasso.

Starkman & Associates would not comment on the specifics of its representation of the former NYSE leader. "It has long been our practice not to publicly discuss our work on behalf of clients," the firm said in a statement.

Grasso resigned from the stock exchange in September 2003 amid controversy surrounding a retirement package of more than $197 million.

He already has received nearly $140 million of that, and New York Attorney General Eliot Spitzer's office is looking into whether he'll have to return any or all of it. Grasso so far has said through his attorney that he will not return any money.

IN OTHER NEWS:

NYSE names Margaret Tutwiler as EVP for communications and government relations.

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