By Kevin McCauley
Ruder Finn Group announced today that it is spinning off Finn Partners as a separate unit under Peter Finn later this year.
Currently, he shares co-CEO duties at Ruder Finn Inc. with his sister, Kathy Bloomgarden.
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Ruder Finn spun off RF Binder Partners in 2001 under Amy Binder, sister of Peter and Kathy.
As founder and managing partner of Finn Partners, Finn will initially preside over 160 staffers and $25M in fees. RFG generated $97M in 2010 fees and employed 602 at yearend.
Finn Partners will be housed in RFG’s New York headquarters and move into Ruder Finn Inc. offices in Washington, Chicago, Los Angeles, San Francisco and Israel.
Finn expects the new venture will thrive in an era in which “innovation and partnership will be strong drivers of the brand.”
He has targeted digital/social media, consumer, technology, travel/economic development, corporate and the arts as areas of development.
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