PR Communication Memo

Good Essays
PR Communication Memo
COM/530

PR Communication Memo

Press Release: Pride Enterprises CFO Resigns
November 23, 2013 – Pride Enterprises, Inc. (Prison Rehabilitative Industries and Diversified Enterprises, Inc.) a company that is “nationally recognized in inmate training operating general manufacturing and services facilities throughout the state of Florida” (Pride Enterprises, Inc., 2013). Today Pride is announcing the resignation for Bob Thompson, Chief Financial Officer effective immediately. Susan Sanchez, Finance Director will temporarily assume the duties of the chief financial officer for Pride Enterprises until a new chief financial officer has been appointed. At this time the U.S. Securities and Exchange Commission (SEC) is investigating Pride Enterprises more will follow with the findings of the investigation.

About Pride Enterprises, Inc.
“Prison Rehabilitative Industries and Diversified Enterprises, Inc. doing business as Pride Enterprises, is a nationally recognized inmate training company operating Agriculture, Sewn Products, Graphics, Manufacturing, and Services facilities throughout the state of Florida. Pride Operates 41 training centers providing work and training to inmates in 29 state correctional facilities” (Pride Enterprises, Inc., 2013). General Information on Pride Enterprises can be obtained at the company’s website: http://www.pride-enterprises.org/.
Contact:
Rose Rudder, Investor Relations 813-324-8700 rruder@pride-enterprises.org
Memorandum
To: Manager
From: Christina Thurman
Date: 12/1/13
Re: PR Communication
Due to the current situation with the resignation of Bob Thompson we must understand that under corporate social responsibility Pride is “responsible for the behavior of its members and may be held accountable for their misdeeds” (Seitel, 2011). We must do the following to abide by the laws:
1. Release to the public the resignation of Bob Thompson and the investigation from the U.S.



References: Pride Enterprises, Inc.. (2013). About Pride. Retrieved from http://http://www.pride-enterprises.org/about/about.html Seitel, F. P. (2011). The Practice of Public Relations (11th ed.). Pearson Education.

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