 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.
Prosek handles GTCR’s announcement of the $24B sale of Worldpay, payments technology company, to Global Payments.
C Street Advisory Group handles the Chapter 11 of Publishers Clearing House as the home of the iconic “prize patrol” sheds its direct mail and magazine subscription businesses.
C Street Advisory Group handles Hooters of America as it declares Chapter 11 to pave way for a buyout led by founders of the casual dining chain.
Joele Frank works for Rocket Companies, fintech platform, that is acquiring Mr. Cooper Group, the No. 1 mortgage services provider, in a $9.4B equity deal. 
Reevemark is working the Chapter 11 filing of 23andMe, the former high-flying ancestry testing kit company that failed to rebound from a 2023 data breach that exposed the personal information of nearly 7M customers.
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