 John Wren |
Omnicom CEO John Wren today reported a 13.4 percent rise to $298.4M in third-quarter net income on flat revenues of $3.7B.
Organic growth clocked in at 2.9 percent.
The US region, which accounts for 53.7 percent of revenues, registered a flat quarterly performance, though organic growth ticked up by 0.6 percent.
The FleishmanHillard, Ketchum, Porter Novelli-led PR group showed a 0.7 percent advance in Q3 revenues to $356M. Organic growth was up 2.3 percent.
PR, which accounts for 9.5 percent of OMC revenues, reported a 2.5 percent nine-month revenue gain to $1.1B.
Caterpillar’s Rob Rengel will join ATI Inc. on June 22 as VP-investor relations, succeeding the retiring David Weston.
Hut 8, energy infrastructure platform, has named NextEra Energy's Mark Eidelman head of IR and SVP of strategic finance.
Teneo handles easyJet as Minneapolis investment firm Castlelake mulls a possible takeover of the British budget airline.
Brunswick Group represents Universal Music Group as it rejects the unsolicited $65B takeover offer by billionaire Ed Ackman's Pershing Square Capital Management because it “fundamentally and materially undervalues” the world’s largest music company.
Prosek Partners brings on Danielle O’Brien as a managing director in its investor relations practice, based in the firm’s New York office.
