 Paul Verbinnen |
Sard Verbinnen & Co. has promoted president Paul Verbinnen to the co-CEO spot alongside George Sard, who remains chairman of the 27-year-old financial PR firm.
Andrew Cole and Paul Kranhold move up to co-presidents.
Cole, a 21-year veteran of SVC in New York and San Francisco, was COO with full-time client responsibility.
Kranhold, a 14-year veteran in charge of west coast and Asia operations, is a former head of AT&T corporate PR and press secretary for ex-California Gov. Pete Wilson.
The changes, according to the firm, “reflect evolving management roles, longer-term planning and further development of a talented team."
The firm also upped Jared Levy, Megan Bouchier, Meghan Gavigan, Marc Minardo and Chris Kittredge to partners.
FGS Global represents private equity firm Thoma Bravo as it makes a $4.6B bid for Darktrace, a UK-based cybersecurity artificial intelligence firm.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
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