Sitrick and Company

OSG Completes Reorganization with Strong Balance Sheet and New Ownership Group

Retrieved on: 
Monday, December 4, 2023

"We would like to thank each of our advisors for their guidance and tireless efforts that supported our smooth reorganization.

Key Points: 
  • "We would like to thank each of our advisors for their guidance and tireless efforts that supported our smooth reorganization.
  • OSG continues to be a leading innovator in providing solutions for its customers' billing and payment needs.
  • As part of the transaction, OSG's balance sheet has been completely recapitalized with only modest leverage and meaningful balance sheet cash, positioning the Company to capitalize on market growth and investments to serve its customers.
  • The ad hoc group of first lien lenders was advised by Paul Hastings LLP as legal counsel and Perella Weinberg Partners LP as investment banker.

Phoenix Services LLC Emerges from Chapter 11 with over $400 Million Less Debt, New Financing and Enhanced Financial Flexibility

Retrieved on: 
Friday, June 30, 2023

Phoenix's chapter 11 plan and the transactions contemplated thereunder were supported by the Company's lenders, who provided $45 million in new-money exit financing to support the operations going forward.

Key Points: 
  • Phoenix's chapter 11 plan and the transactions contemplated thereunder were supported by the Company's lenders, who provided $45 million in new-money exit financing to support the operations going forward.
  • "This milestone marks the final step in the Phoenix's comprehensive restructuring," said Mark Porto, Chief Executive Officer of Phoenix Services LLC.
  • Phoenix Services LLC was advised by Weil, Gotshal & Manges LLP and Richards, Layton & Finger, P.A.
  • Phoenix Services LLC is dedicated to sustainable solutions and maximizing efficiency for the global steel industry with minimal environmental impact.

Resources Connection, Inc. Reports Financial Results for Third Quarter Fiscal 2023

Retrieved on: 
Tuesday, April 4, 2023

Resources Connection, Inc. (Nasdaq: RGP) (the “Company”), a global consulting firm, today announced financial results for its fiscal third quarter ended February 25, 2023.

Key Points: 
  • Resources Connection, Inc. (Nasdaq: RGP) (the “Company”), a global consulting firm, today announced financial results for its fiscal third quarter ended February 25, 2023.
  • Revenue in the third quarter of fiscal 2022 included $6.7 million of revenue attributable to taskforce, which was divested at the beginning of fiscal 2023.
  • Gross margin for the third quarter of fiscal 2023 was 38.3%, up from 37.5% in the third quarter of fiscal 2022.
  • SG&A for the third quarter of fiscal 2023 was $59.4 million, or 31.8% of revenue, compared to $57.1 million, or 27.9% of revenue, for the third quarter of fiscal 2022.

Sitrick And Company Adds Former Journalist and Strategic Communications Pro James Doran to New York Office

Retrieved on: 
Tuesday, March 7, 2023

Mr. Doran will join Sitrick as a Member of the Firm in its New York office.

Key Points: 
  • Mr. Doran will join Sitrick as a Member of the Firm in its New York office.
  • Mr. Doran brings to the firm more than 30 years of working at the highest levels of financial media and strategic communications worldwide.
  • James transitioned into PR after advising National Bank of Abu Dhabi on the implementation of a new communications, media, and crisis strategy.
  • Michael Sitrick, founder, chairman and CEO of Sitrick & Company, said: "We are pleased to welcome James as a Member of the Firm.

FTI Consulting Appoints Tom Becker as Senior Managing Director in Crisis and Litigation Communications Practice in New York

Retrieved on: 
Tuesday, March 15, 2022

WASHINGTON, March 15, 2022 (GLOBE NEWSWIRE) -- FTI Consulting Inc. (NYSE: FCN) today announced the appointment of Tom Becker as a Senior Managing Director in the Crisis and Litigation Communications practice within the firms Strategic Communications segment.

Key Points: 
  • WASHINGTON, March 15, 2022 (GLOBE NEWSWIRE) -- FTI Consulting Inc. (NYSE: FCN) today announced the appointment of Tom Becker as a Senior Managing Director in the Crisis and Litigation Communications practice within the firms Strategic Communications segment.
  • In his role, Mr. Becker will work closely with FTI Consultings crisis communications experts across the globe to advise clients as they prepare for and manage complex crises involving litigation, regulatory, operational, political and reputational risk.
  • Tom has a proven track record of helping corporations navigate the toughest reputational crises that they face, Mr. Marlin said.
  • His experience across a range of industries and a host of crises makes him an invaluable addition to our Crisis and Litigation Communications practice.

SITRICK AND COMPANY ADDS YAEL BAR TUR, Former Director Of Social Media For The New York City Police Department to Its Digital And Social Media Practice

Retrieved on: 
Monday, November 8, 2021

LOS ANGELES, Nov. 8, 2021 /PRNewswire/ --Sitrick And Company has added Yael Bar tur, who recently served as Director of Social Media for the New York City Police Departmentas Senior Social Media Specialist to the firm's Digital and Social Media Practice.

Key Points: 
  • LOS ANGELES, Nov. 8, 2021 /PRNewswire/ --Sitrick And Company has added Yael Bar tur, who recently served as Director of Social Media for the New York City Police Departmentas Senior Social Media Specialist to the firm's Digital and Social Media Practice.
  • Ms. Bar tur joins Sitrick with more than 15 years of experience in social media working with government, law enforcement, military and public sector clients.
  • Prior to Sitrick, she served as Director of Social Media for the New York City Police Department, where she created the NYPD's current concept of decentralized communications and ran all social media platforms for the nation's largest police force.
  • Michael Sitrick, founder, chairman and CEO of Sitrick And Company, said the addition of Ms. Bar tur further elevates the firm's highly sophisticated in-house social and digital media capabilities.

UMH Properties, Inc. Expands Board of Directors and Appoints New Member

Retrieved on: 
Thursday, September 23, 2021

Ms. Pruitt leverages journalistic skills to create an impactful brand strategy with in-depth expertise in crisis communications and media relations strategies.

Key Points: 
  • Ms. Pruitt leverages journalistic skills to create an impactful brand strategy with in-depth expertise in crisis communications and media relations strategies.
  • Ms. Pruitt possesses a Masters degree in Public Affairs from Columbia University and a B.A.
  • Samuel A. Landy, President and Chief Executive Officer stated, We are pleased to welcome Ms. Pruitt to our Board of Directors.
  • UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 127 manufactured home communities containing approximately 24,000 developed homesites.

Sitrick And Company Opens Boston Office

Retrieved on: 
Friday, May 11, 2018

LOS ANGELES, May 11, 2018 /PRNewswire/ --Sitrick And Company, internationally recognized as one of the top strategic and crisis communications firms in the nation, today announced that it has opened a Boston office.

Key Points: 
  • LOS ANGELES, May 11, 2018 /PRNewswire/ --Sitrick And Company, internationally recognized as one of the top strategic and crisis communications firms in the nation, today announced that it has opened a Boston office.
  • Prior to joining Sitrick and Company, Mr. Churbuck was VP of Corporate Marketing at Acquia, a Boston-based SaaS provider of open source content management solutions to Global 2000 clients.
  • Michael Sitrick, the firm's founder, Chairman and CEO said that he has long eyed Boston as a market that could benefit from the firm's unique set of skills, but had not found the right person to run that office.
  • Sitrick And Company is internationally recognized as one of the top strategic communications firms in the country.