Ad Agency Founder Fires Himself After Making Racist Remarks

The Richards Group homepage, showing an apology letter on Oct. 15

Source: The Richards Group

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Richards Group founder Stan Richards stepped down from the advertising firm Thursday after racist remarks led to an exodus of clients, including Motel 6 and Home Depot Inc.

“If this was a publicly held company, I’d be fired for the comments I made. But we’re not public, so I am firing myself,” Richards, 87, said in a statement. “Our employees, first and foremost, deserve that.”