News and Updates from 5WPR CEO Ronn Torossian

Category: Insight

Chris Burch, Bill Gates & America’s Inspiring Self-Made Billionaires

All around the world, the stereotype persists of the millionaires and billionaires who inherit their wealth from Daddy and likely never worked a proper day in their lives. In America, however, the ‘American Dream’ reminds everyone that many of the wealthy were not born into wealth, but earned it through hard work and dedication.
In fact, here are four billionaires in America, who inspire entrepreneurs everywhere to keep working towards their dreams:

Continue Reading

Executives and CEOs Should Be Current on Media Training

Executives and CEOs Should Be Current on Media TrainingOh yes, we can hear it, the objections, the comments such as, I’m not the company spokesperson or I don’t talk with the media, why should I spend my time and resources for media training – I’ve got a stack of things I need to do before something like that happens.

Continue Reading

Nearly 1/5th of Wendy’s Locations in North America Have Been Hacked

wendys fast food public relations

Wendy’s issued a statement last week that 1,025 of their approximately 5,700 stores in their North American locations had financial information of their customers hacked, stealing credit and debit card numbers, names, expiration dates, and codes on the cards. The hack originated late in the fall of 2015. So far some of the customers’ cards have been used to make purchases at stores other than Wendy’s, such as gift cards and purchases of less than $100 at a time.

Continue Reading

Why Justin Timberlake Offered a Public Apology

Why Justin Timberlake Offered a Public Apology

These days it seems like every celebrity with a Twitter account learns the hard way just what “mob mentality” means. One errant or even presumed errant 140 character missive and it feels like the collective world has lost its mind in their hurry to grab their digital pitchforks and torches. The latest victim singed by this groupthink gone haywire—Justin Timberlake.

Continue Reading

Responding to Viral Customers to Benefit your Brand

viral

Today, customers have a stronger voice than ever thanks to the rise of social media. As more and more people adopt smartphones and grow accustomed to an always-connected lifestyle, responding quickly to consumers is critical for delivering exceptional customer care.

Consumers are getting tired of shopping the old-fashioned way, with more customers opting to buy things online than in-store. But, that’s not the only thing they’re doing more of online. Given the hectic pace of modern day life, consumers have had to adjust to new constraints on their time.

Continue Reading
Continue Reading

Instagram Logo Re-Design: #Win, #Fail, or #Draw?

new instagram logo 5wpr ceo

In case you were unaware, Instagram recently re-designed their logo and app aesthetics. And boy, oh boy, did it make waves.

According to Ian Spalter, Instagram’s Head of Design, “…the Instagram icon and design was beginning to feel…not reflective of the community, and we thought we could make it better.” For better or worse, Instagram went for it.

Continue Reading

Frozen Food Recall Creates Consumer PR Problems

Frozen berries with frost

Listeria. Ask most folks what it is and what it does, and they would have a hard time explaining it. But ask them if they want it in their food, and they know full well it’s very bad. Just the mention of the word leads consumers to stop buying, much less consuming certain products. Now the outbreak scare extends to frozen food, some bought as far back as 2014.

Continue Reading

Priceline CEO ousted amid affair rumors

Priceline CEO - Crisis PR

Priceline CEO Darren Huston resigned last week after an investigation concluded he had, in fact, had an “improper relationship” with an employee. According to media reports, the findings concluded Huston “acted contrary to (Priceline’s) code of conduct and engaged in activities inconsistent with those expected of executives.

No other information about the nature of the relationships was released, but it’s clear Priceline will have some PR ground to make up in the coming weeks. While this is far from the worst thing that could happen to the company, anytime you mix illicit affairs with a change of leadership you can just about guarantee headlines.

Continue Reading

Rockefellers no longer oil barons: That’s A Tough PR Sell

Rockefellers

Any time you are a member of a club, and one of the founding members drops a very public hammer on that club, things get rough from a perspective. Accusations fly, and massive counter programming campaigns begin from various factions.

Such is the case with the Rockefeller family’s recent parting of the ways with Big Oil. The patriarch of the family, commonly thought of as one of the first American business tycoons, John D. Rockefeller, founded the Standard Oil Company in 1870.

Somewhere down the line, John’s progeny, who all benefited wildly from the fossil fuel industry, founded the Rockefeller Family Fund, a charity created to support environmental causes, economic justice and other related issues. Now that charity, run by Rockefeller’s direct family line, is pulling its assets out of oil companies, including major holdings in Exxon Mobil.

Fund representatives told CBS News, “While the global community works to eliminate the use of fossil fuels, it makes little sense — financially or ethically — to continue holding investments in these companies. There is no sane rationale for companies to continue to explore for new sources of hydrocarbons.”

That statement, even more than the funding transfer, rang out like a shot directly aimed at the oil industry. It was a personal statement. After all, Exxon was one of the companies spun off from Standard Oil when President Roosevelt went trust busting at the turn of the 20th Century.

That may have been enough to start a war of words between the representatives of the various parties involved, but the attacks didn’t end there.

“Evidence appears to suggest that the company worked since the 1980s to confuse the public about climate change’s march while simultaneously spending millions to fortify its own infrastructure against climate change’s destructive consequences and track new exploration opportunities as the Arctic’s ice receded,” spokesmen representing the fund said.

This is not the first time the family has confronted the oil industry head-on. Senator Jay Rockefeller once accused Exxon of directly funding climate change deniers.

Now the gloves are off. CBS News reported a response received from Exxon spokesman Alan Jeffers: “It’s not surprising that they’re divesting from the company since they’re already funding a conspiracy against us.”

The “he said/she said” tactic was just the beginning of Exxon’s response. They have repeatedly argued the science on climate change is inconclusive, and now they are trying to paint the Rockefellers as climate extremists on a crusade against business.

How the public responds to this exchange depends both on preconceived ideas as well as which side does a better job of counter programming PR. Should be interesting to watch.

Continue Reading