 |
| Mark McCall |
FTI Consulting registered a 15.5 percent jump in Q4 PR revenues to $69.9M and a 38.3 percent surge in operating income to $14.2M.
Mark McCall, who helms the strategic communications segment, told O’Dwyer’s that robust demand in the crisis, issues, regulatory, government intervention and transaction segments spurred growth.
There was strong momentum in the cybersecurity, ESG and digital/analytics categories.
For all of 2021, the stratcomm unit’s revenues were up 17 percent to $267.6M, while operating profit increased 57.1 percent to $49.7M.
The PR division’s billable headcount rose 5.7 percent to 814 staffers in 18 countries at year end 2021.
McCall noted that FTI recently added Abernathy McGregor’s Pat Tucker to head its mergers/acquisitions and activism practice.
Tucker has handled clients such as KKR, BDT & Company, Carlyle Group, Conoco Phillips, Sanofi and T-Mobile.
The firm also bolstered its presence in Washington by recruiting Brian Papp to advise clients on public policy and government relations matters.
He was staff director on the Senate Finance Committee's subcommittee on international trade, customs and global competitiveness.
S&P Global has reaffirmed its negative “BBB” rating on WPP due to ongoing challenges that it will face during the next 12 months.
Stagwell’s Q4 revenues grew two percent to $807M while adjusted EBITDA rose three percent to $129M.
WPP CEO Cindy Rose unveiled “Elevate 28,” a strategic plan to simplify the troubled company, which reported a 5.4 percent drop in 2025 revenues to $13.6B.
Omnicom CEO John Wren reported a Q4 $977.2M operating loss, largely due to the $1.1B in severance and repositioning expenses connected to the $13B Interpublic takeover that closed on Nov. 26.
Publicis Groupe reports an 8.8 percent rise in 2025 net revenues to $16.4B with
