Podesta Group Unravels as CEO Plans to Take Clients to New Firm
- Fritts told employees not to expect pay after November 15
- Tony Podesta stepped down from firm amid Mueller probe
Photographer: Stephanie Green/Bloomberg
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Less than two weeks after Democratic mega-lobbyist Tony Podesta stepped down from his firm amid questions over its foreign work, one of Washington’s most prominent lobbying shops is unraveling as its employees try to reconstitute under new leadership.
Chief Executive Officer Kimberly Fritts told employees Thursday afternoon she is working on launching a new firm that would take many of Podesta’s staff and clients with her, said two people familiar with the meeting. She told employees they shouldn’t expect a paycheck past Nov. 15, the people said.