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Summary:

The Smoking Gun says Robert McCormick, 40, and three guests ran up the tab during a visit to the Scores nightclub in October 2003, and are now refusing to pay the tabs. McCormick is the CEO of Savvis, a data-center company. The credit card company has […]

savvis ceoThe Smoking Gun says Robert McCormick, 40, and three guests ran up the tab during a visit to the Scores nightclub in October 2003, and are now refusing to pay the tabs. McCormick is the CEO of Savvis, a data-center company. The credit card company has sued Mccormick and Savvis for not coughing up the cash. The charges were put on a corporate credit card (American Express.) McCormick claims that only $20,000 of the total is legit. Come on, even $20,000 is too much on lap-dances. (Hey maybe they can use some of that $85 million they recently raised!) Not that Scores is holier than thou. They are know to overcharge. All I wanna know is who were those three guests. (Link Tip Aman!)

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By Om Malik

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  1. Jacob Varghese Friday, October 21, 2005

    Hmmm…. my hosting contract is up for renewal. I wonder what perks they’ll be offering me to switch to Savvis.

  2. My thoughts exactly… i need to discuss these issues with rest of the hosting companies as well.

  3. one would think just owning up and paying would be “priceless” in relation to his now destroyed character. WTF was he not thinking about!

  4. What they don’t say is that there were more than 3 guest…a lot more. Also lots of very expensive bottles of champagne, etc. There were fingerprints, signed statements acknowledging sobriety, etc. faxed to AMEX every hour. Scores was protecting themselves and this guy is toast.

  5. 241k? I can’t spend $241 at Scores without getting ice cream on my shirt. Viagra must have been running deep that night. Maybe Pfizer will hire this guy?

  6. Om Malik’s Broadband Blog — » Savvis CEO on hold Monday, October 24, 2005

    [...] Those lap dances must be tiring. Business Week says Savvis has put CEO on unpaid leave! [...]

  7. http://www.ideagrove.com/blog/index.html#112938568736465461 Tuesday, October 25, 2005

    Embarrassing CEO Moments: Can You Top This?

    I’m no mathematician, but by my informal calculations, $241,000 is enough to get lap-danced to the moon and back.

  8. Kermit the Frog Wednesday, October 26, 2005

    Being as I personally know many who not only work at Savvis here in St. Louis, but know the higher ups as well, I dont think much will happen. He also bought a new place at Lake Tahoe for the Company vacation spot, but he is the only a few get to go. Not to mention the special trips to Thailand for the board and upper management.
    Its a company run by young guys with Egos who are very well connected. With strong ties and sensitive business with the New York Stock exchange, US Dept Defense, Microsoft, Own majority of Cable and Wireless , and much more. It came out of the ashes of another company that failed mostly due to the same reasons, but this time they went right into the throat of the beast and secured a spot with the big boys for protection. Bobby really doesnt care about this at all, as this is such a small thing to him. It will take some time and he will be in charge of his company once again. The old St. Louis Kiel center will still have the Savvis name on it, the junkets to Thailand will continue, and if he has to pay it back, the shareholders will pay it without even knowing it. He doesnt like lose at things like this.

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