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Sitrick and Company


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Sitrick and Company is a Los Angeles-based public relations firm started by Mike Sitrick in 1989.[1] It would go on to establish offices in New York City, San Francisco, Denver, and Washington, DC.[2] The company is owned by Resources Global Professionals (RGP), the operating arm of Resources Connection Inc.[3] The group counts among its employees retired United States Army Lieutenant General H Steven Blum.[4][5]




Contents






  • 1 Purchase by Resources Connection


  • 2 Clientele


  • 3 References


  • 4 External links





Purchase by Resources Connection[edit]


In October 2009, Sitrick and Company and restructuring firm Brincko Associates were purchased by Deloitte spin-off Resources Connection Inc. in a combined cash and stock deal worth $43.3 million. At the time, Sitrick and Company had 45 staff members (largely ex-journalists from the Los Angeles Times, The Wall Street Journal, and other media organizations), versus Resources' 2,700.[6] The two purchased firms had a combined revenue of $24.4 million in 2008, according to Resources Connection. The purchase combined the two into a new subsidiary, the Sitrick Brincko Group.[7] Mike Sitrick continued as head of the subsidiary after its purchase.[8]


In 2010, two ex-employees filed suit in federal court regarding Sitrick's buyout of the Employee Share Ownership Plan's holdings in the company in 2008, shortly prior to the Resources Connection deal; the suit alleged that Sitrick paid an unreasonably low price for the ESOP's stake, causing losses to the employees in question.[9] Sitrick responded in court papers that an independent trustee, which had its own financial advisor and lawyers, had in fact negotiated the price, not him. The case settled shortly thereafter with insurance companies providing the settlement.[10]



Clientele[edit]


Sitrick and Company is known for its handling of famous or controversial clients. In 2009, it has been estimated that they have had 1000 clients.[6][11] Its work earned Sitrick the title of "the king of crisis PR".[12]


In 2002, David Duchovny hired the firm to represent him to the media in his dispute with 20th Century Fox regarding breach of contract relating to his work on The X-Files television show;[13] Sitrick and Company arranged for a feature in Forbes regarding Fox's vertical monopoly, which put pressure on Fox to settle with Duchovny.[citation needed]


Also in 2002, the Roman Catholic Archdiocese of Los Angeles hired the firm regarding the diocese's sexual abuse scandal.[14]


Sitrick advised "the late Roy Disney and Stanley Gold when he orchestrated their campaign to remove Michael Eisner as chairman of Walt Disney in 2003. The campaign led to 43 per cent of Disney shareholders withholding their support from him. Eisner later stepped down voluntarily."[15]


In 2006, Hewlett-Packard (HP) and its departing chairwoman Patricia C. Dunn hired the firm to handle media relations regarding HP's 2006 leak-investigation crisis.[16]


Paris Hilton made use of their services after she was released from a brief time in jail.[6]Steven Page of music group Barenaked Ladies hired the firm in 2008 after his own drug arrest.[17]


Medicis Pharmaceutical CEO Jonah Shacknai hired the firm following the 2011 death of Rebecca Zahau.[18]


Also in 2011, convicted sex offender Jeffrey Epstein hired the firm following the bad press he received after rekindling his friendship with Prince Andrew. As of December 2014[update], the matter was still before courts with Sitrick and Company claiming Epstein still has not paid an outstanding $103,500 bill.[19]


In late January 2013 it was revealed that the firm had been hired by Papa John’s CEO John Schnatter in mid-November of the previous year to ask journalists and bloggers to take down the Obamacare comments he made claiming that the price of pizza would increase by 11 cents. The firm spent several months doing this, and bragged that most journalists complied.[20][21] Furthermore, Sitrick and Company helped to write an op-ed for Schnatter, published in the Huffington Post, as well as refute later reports of a decrease in Papa John's brand perception.[22]


On June 19, 2014, Sitrick and Company began representing South Korean fugitive Yoo Byung-eun. After a failed attempt from Yoo's public relations company, Ahae Press, to deny a number of the assertions made about Yoo in a June 17 The Diplomat article by John Power titled "The Cults of South Korea",[23] Power claimed that Sitrick and Company was hired and asked sections of the piece to be removed.[24] Sitrick and Company had also previously distributed a press release by Ahae Press.[25][26]


In October 2017, Sitrick and Company was hired by Harvey Weinstein after news reports about the Harvey Weinstein sexual abuse allegations, his subsequent firing by The Weinstein Company, and the resignation of attorney Lisa Bloom. As of April 2018 it was announced that Sitrick and Company was no longer representing Weinstein and that his new PR company is Juda Engalmayer.[27][28]



References[edit]





  1. ^ "He Fixes the Worst P.R. Crises Imaginable. Then Came Harvey". The New York Times. 2018-06-01. ISSN 0362-4331. Retrieved 2018-06-01..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output q{quotes:"""""""'""'"}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-limited a,.mw-parser-output .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}


  2. ^ About, Sitrick and Company, retrieved 2011-09-10


  3. ^ "Resources Connection is buying Sitrick, Brincko". latimes.com. 2009-10-30. Retrieved 2017-05-15.


  4. ^ "Retired General Joins Sitrick Brincko", The New York Times, 2010-07-12, retrieved 2011-09-09


  5. ^ sitrick.com: H STEVEN BLUM (retrieved 2 June 2018)


  6. ^ abc "Breaking News: Resources Buys P.R. Firm Sitrick and Company", Wall Street Journal, 2009-10-29, retrieved 2011-09-09


  7. ^ Wahba, Phil; Daga, Anshuman (2009-10-30), "Consulting firm Resources Connection to buy Sitrick, Brincko", Reuters, retrieved 2011-09-09


  8. ^ "Resources buys P.R. firm Sitrick And Company", Los Angeles Business Journal, 2009-10-30, retrieved 2011-09-09


  9. ^ Hiltzik, Michael (2010-06-02), "Michael Sitrick could use some crisis-management advice", Los Angeles Times, retrieved 2011-09-09


  10. ^ "Crisis PR Guru Michael Sitrick Settles Employee Stock Option Suit". reuters.com. 2011-12-02. Retrieved 2017-05-15.


  11. ^ "Michael Sitrick of Sitrick and Company: The Spin Doctor - PR". 21 July 2015.


  12. ^ Christensen, Kim (2006-10-21), "PR Guru's Public Spat Over a Debt", Los Angeles Times, retrieved 2011-09-09


  13. ^ "L.A. Archdiocese Enlists Services of Top PR Firm". latimes.com. 2002-05-30. Retrieved 2017-05-15.


  14. ^ Hall, Carla (2002-05-30), "L.A. Archdiocese Enlists Services of Top PR Firm", Los Angeles Times, retrieved 2011-09-09


  15. ^ Garrahan, Matthew (2010-03-16), "The spin doctor of restructuring", Financial Times, retrieved 2011-09-26


  16. ^ Altus, Celest (2006-09-12), "HP Taps Sitrick & Company as crisis grows", PRWeek, retrieved 2011-09-10


  17. ^ Köhler, Nicholas; Gulli, Cathy (2008-07-23). "Barenaked Mess". MacLean's. Retrieved 2008-08-16.


  18. ^ Edwards, Jim (2011-09-08), "CEO Shacknai Wields Small Army Against Speculation on Death of His Girlfriend", CBS BNET, retrieved 2011-09-09


  19. ^ Mohr, Ian (2014-12-19). "Jeffrey Epstein owes crisis PR firm $103K". Page Six. Retrieved 2017-12-29.


  20. ^ Stabley, Will. "Papa Johns targets journalists, asking that ObamaCare coverage be taken down". Archived from the original on January 28, 2013. Retrieved January 27, 2013.


  21. ^ Gold, Hadas. "Papa John's PR firm targets bloggers". POLITICO. Retrieved 2017-12-29.


  22. ^ Bandler, James; Burke, Doris. "The education of Papa John". Fortune. Retrieved 2017-12-29.


  23. ^ Power, John (2014-06-17). "The Cults of South Korea". The Diplomat. Retrieved 2014-06-22.


  24. ^ 존파워/John Power [@John_F_Power] (2014-06-19). "LA-based PR firm Sitrick and Company is representing Ahae, aka Yoo Byung-eun. It has asked sections of my piece on Korean cults be removed" (Tweet). Archived from the original on 2017-12-29. Retrieved 2014-06-22 – via Twitter.


  25. ^ Hasquenoph, Bernard (2014-04-24). "Ahae, mécène de Versailles, derrière le scandale du naufrage en Corée du Sud". www.louvrepourtous.fr (in French). Archived from the original on 2017-12-29. Retrieved 2017-12-29.


  26. ^ Ahae Press, Inc. "Korean photographer AHAE and Ahae Press express profound sadness to Sewol ferry victims and condolences to the families of those lost and injured" (Press release). New York: PR Newswire Association. Archived from the original on 2017-12-29. Retrieved 2017-12-29.


  27. ^ Wright, Steven (2018-04-07). "Sitrick and Company". The Reputation Management Company. Retrieved 2018-04-07.


  28. ^ see also nytimes.com 1 June 2018 / Abby Aguirre: He Fixes the Worst P.R. Crises Imaginable. Then Came Harvey Weinstein.




External links[edit]



  • Sitrick and Company homepage

  • Sitrick Brincko Group homepage






Retrieved from "https://en.wikipedia.org/w/index.php?title=Sitrick_and_Company&oldid=844037917"





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