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Last Updated: Fri., Jul. 1, 2022 @ 1:33 pm

Category: Financial ManagementReturn to Latest News

When It's Time to Outsource

Mon, Jun. 20, 2022

By Dominic Rovano

Dominic RovanoHow firms can retain quality talent and reduce costs in a competitive labor market.

Ruder Finn Acquires Comunicad

Mon, May 9, 2022

By Kevin McCauley

Ruder Finn & ComunicadRuder Finn has acquired Comunicad LLC, an Arlington, VA-based multicultural shop that has served clients such as Ford, Verizon, Telemundo, American Airlines, Freddie Mac, PepsiCo, AARP and Molson Coors.

Stagwell Grows 24%

Fri, May 6, 2022

By Kevin McCauley

Mark PennStagwell reported Q1 net revenues grew 24 percent to $527M, which CEO Mark Penn said was more than double the pace of legacy holding companies.

Interpublic Reports 9.8% Growth

Thu, Apr. 28, 2022

By Kevin McCauley

Philippe KrakowskyInterpublic CEO Philippe Krakowsky said Q1 net revenues rose 9.8 percent to $2.2B due to increases in business across a broad range of sectors and geographies. (Updated)

FTI Consulting’s PR Unit Jumps 15.6% 

Thu, Apr. 28, 2022

By Kevin McCauley

Mark McCallFTI Consulting registered 15.6 percent growth in Q1 PR revenues to $69.9M driven by strong demand for its corporate reputation services offering. (Updated)

WPP Posts 8.1% Q1 Growth; Boosts '22 Guidance

Wed, Apr. 27, 2022

By Kevin McCauley

Mark ReadWPP reported 8.1 percent growth to $3.2B in like-for-like revenues due to strong demand for its digital media, e-commerce, data and marketing technology offerings. (Updated)

Boston Firms Merge to Form Issues Management Group

Tue, Apr. 26, 2022

By Kevin McCauley

Issues Management GroupSolomon McCown & Cence strategic communications shop and Murphy Donoghue Partners government relations firm have merged to form Issues Management Group in Boston.

Omnicom Posts Flat Q1; Profit Drops

Wed, Apr. 20, 2022

By Kevin McCauley

John WrenOmnicom CEO John Wren reported a 0.5 percent dip in Q1 revenues to $3.4B and a 24.2 percent decline in operating profit to $353M.

Publicis Posts 17% Q1 Growth

Thu, Apr. 14, 2022

By Kevin McCauley

Arthur SadounPublicis Groupe's Arthur Sadoun reported Q1 revenues jumped 17.1 percent to $3B, driven by a robust demand for its Publicis Sapient and Epsilon digital offerings.

Omnicom Chief Wren Earned $20M in '21

Wed, Mar. 30, 2022

By Kevin McCauley

John WrenOmnicom CEO John Wren, who hasn’t had a salary hike in 19 years, earned $20M in 2021 total compensation, which was up 79.3 percent from the year-earlier period.


Teneo Acquires KPMG Unit

Tue, Mar. 29, 2022

By Kevin McCauley

TeneoTeneo has acquired KPMG’s restructuring unit in Bermuda, a deal that bolsters its financial advisory operations to more than 350 staffers.

Stagwell Posts 'Breakthrough Year'

Tue, Mar. 8, 2022

By Kevin McCauley

Mark PennStagwell Inc today reported Q4 revenues jumped 95.5 percent to $611.9M while full-year results improved 65.5 percent to $1.5B as the firm completed the integration of MDC Partners on Aug. 2.

WPP Charts 12.1% Spurt in '21 Revenues

Thu, Feb. 24, 2022

By Kevin McCauley

Mark ReadWPP chief Mark Read reported a 12.1 percent jump in 2021 revenues to $13.8B due to a strong demand for digital marketing, media, e-commerce and technology services.

Tax Changes for 2022

Wed, Feb. 16, 2022

By Dominic Rovano

Dominic RovanoChanges in business during the pandemic, along with new government programs, have created many money-saving opportunities for public relations and marketing firms.

Interpublic Posts 15% Jump in Q4 Revenues

Thu, Feb. 10, 2022

By Kevin McCauley

Philippe KrakowskyInterpublic posted a 15 percent jump in Q4 revenues to $2.9B as the firm helped clients adapt and enhance their businesses to meet the opportunities of the digital economy. (Updated)