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| Mark McCall |
FTI Consulting's PR unit registered a 3.7 percent hike in Q1 revenues to $60.5M and a 21.7 percent rise in operating income to $9.1M as the strategic communications operation rebounded sharply from its 8.8 percent revenue slide in Q4 2020.
“We are off to a solid start in 2021,” Mark McCall, head of the stratcom unit, told O’Dwyer’s.
The stratcom operation remains focused on its long-term opportunities by investing in the global network and specialty practices, such as ESG, digital/insights, PA, government affairs and crisis, according to McCall.
FTI bolstered its senior PR management ranks during Q1 with the addition of Consumer Brands Assn. executive VP Bryan Zumwalt to head the government affairs group in Washington.
Julian Lambertin, Weber Shandwick executive VP, global strategy and insights, signed on as managing director, head of data & analytics, EMEA. He’s based in Germany.
Kate Brader, a management consultant at Regester Larkin by Deloitte, joined to head FTI’s Crisis+ offering in London.
Total stratcom headcount grew one percent to 778 from year-end 2020.
Overall, FTI’s Q1 revenues jumped 13.5 percent to $686.3M. Net income advanced 13.7 percent to $64.5M.
Camarco, which is APCO’s London-based financial communications arm, is handling Bain Capital’s $300M deal to sell three Spanish apartment buildings to Greystar, Charleston-based real estate investment company.
FTI Consulting’s Alex Miehls has joined Teneo as managing director in its strategy and communications unit.
SKDK and ICR handle Intra-Cellular Therapies as it is getting acquired by Johnson & Johnson for $14.6B.
FGS Global represents Energy Capital Partners, which is selling Calpine Corp. to Constellation Energy Corp. for $16.4B in cash and stock.
Ted McHugh, who was most recently managing director, head of strategic situations and investor relations at Edelman Smithfield, joins advisory and investing platform Consello as senior managing director.
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