Mill Road Capital, a Connecticut private equity firm, said it is conducting a "strategic review" of its North American assets that include a majority stake in Vision7, the marketing communications holding company of US units Citizen Relations (PR) and Dare (creative).
WPP revenues rose 1.2 percent to $7.5B during the first five months of 2014, but CEO Martin Sorrell prefers to point to the conglom's 9.8 percent growth -- once currency fluctuations are stripped from the financials.
Interpublic's Jacki Kelley has been named COO/media at Bloomberg Media in charge of business operations for TV, print, radio, mobile, digital and event platforms and creating new marketing opportunities.
The "relations" part of PR, which deals with engagement and public dialog, is the special mark of the profession, said Harris Diamond, recipient of the PRSA Foundation's Paladin Award last night at New York's Bryant Park Grill.
Huntsworth reported a 10.4 percent dip in 2013 operating profit to $34.6M on flat revenues of $288.5M, a performance that CEO Peter Gummer said reflects stepped up strategic investments and continued softness in the European market.
Omnicom Group CEO John Wren collected $18.1 in 2013 total compensation, showing a healthy 21.7 percent rise during the period in which the ad/PR conglom posted flat revenues and net incomes of $14.6B and $1.1B, respectively.
*O'Dwyer's is the only PR firm ranking which requires the top page of the latest corporate income tax return and W-3, establishing particpants as PR firms rather than ad agencies or other types of businesses.