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| Mark Semer |
Mark Semer, a 27-year veteran of Kekst CNC, has joined Gasthalter & Co. financial communications firm as managing director.
He exited the Publicis Groupe unit as partner/co-head of its alternative investment practice.
Semer has an extensive background in mergers & acquisitions, crisis communications, executive transitions, change management, litigation/disputes, regulatory matters and restructuring-related situations.
He also has advised private equity investors on positioning, as well as transactions, fundraising, crises and special situations.
Stagwell CEO Mark Penn reports Q3 net revenues jumped 6 percent to $614.5M, a record performance for a non-political period. Operating income soared 45.7 percent to $60.9M.
Joele Frank works for Klöckner Pentaplast as the German maker of plastic films declares Chapter 11. A successful reorganization would slash its its corporate debt by $1.5B.
Teneo represents Metsera, the New York City biotech focused on weight-control products, which is subject to a bidding war between heavyweights Novo Nordisk and Pfizer.
Haggie Partners is working the $7B takeover of the specialty insurer Convex by Canada’s Onex private equity fund and American International Group.
WPP reported Q3 revenues less pass-through costs tumbled 5.9 percent to $3.3B, a performance new CEO Cindy Rose called “unacceptable.”
