Tuesday, October 25, 2005

Savvis CEO on unpaid leave amid strip club flap

This is something that caught my attention last week. The drama continues....

A Reuters newswire article, via MSNBC, reports that:

Savvis Communications Corp. has placed its chief executive on unpaid leave and will launch an internal probe related to a credit card company lawsuit alleging he was two years late in paying $241,000 in charges at a Manhattan strip club.

The telecommunications carrier said Robert McCormick was placed on unpaid leave effective Monday, pending the outcome of the investigation. Jack Finlayson, president and chief operating officer, has been appointed acting CEO.

The lawsuit, brought by American Express against McCormick and Savvis last week, charges that the two were late in paying charges rung up on McCormick’s corporate credit card at Scores, a trendy New York strip club.

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