OCTOBER 25

EMBARRASSING CEO MOMENTS: CAN YOU TOP THIS?

by    |  DALLAS PR FIRMS


Two people you probably don't want to be right now are Elizabeth Corse and Carter Cromley, who handle investor and media relations, respectively, for SAVVIS Communications.

You know, SAVVIS Communications -- the company that got hit with a lawsuit by American Express after the company's CEO refused to pay a $241,000 tab for one night at Scores, the New York strip club made famous by Howard Stern.

I'm no mathematician, but by my informal calculations, $241,000 is enough to get lap-danced to the moon and back.

On Monday, SAVVIS announced that CEO Robert McCormick would be placed on indefinite unpaid leave while the St. Louis-based company (NASDAQ: SVVS) investigated. Here's the SAVVIS news release and a New York Daily News story. Reports the Daily News:

McCormick, whose photo appeared on the front page of the Daily News next to the headline "Lap Dunce," insisted he and three business acquaintances spent a mere $20,000 at Scores on Oct. 22, 2003.

But the strip club's officials said he grossly miscalculated.

AmEx claimed in a lawsuit that it has documents signed by McCormick indicating the titillating tab was legitimate.

McCormick allegedly took over Scores' mirror-lined President's Club and ordered 10 exotic dancers at a time to lavish him with attention for $4,000 an hour, a club source said.

When the hour was up, McCormick demanded, "I need 10 more," the source said.

In addition to Elizabeth and Carter, I'm sure the PR folks with the St. Louis Blues are a little stressed, too. The NHL team, back from a crippling year-long strike, plays its home games at the Savvis Center.

Well, for the PR teams' sake, I hope it all works out for the best. I'm reminded of some on my own embarrassing CEO moments of the past 12 years -- but I'm keeping those to myself.

See other blog opinions on SAVVIS here, here, and here.

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