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| 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.
Public Policy Holding Company grew 27.5 percent to $50.1M during Q1, powered by the accelerating contribution from recent acquisitions and a 5.1 percent hike in organic revenues across its three operating segments.
Institutional Shareholder Services advises investors to vote "no" on a compensation package for WPP chief Cindy Rose at the May 8 annual meeting.
FTI Consulting chalked up a 9.5 percent rise in Q1 revenues to $983.3M, powered by gains in its PR, corporate finance and technology segments.
Stagwell reports 4 percent growth in Q1 net revenues to $585M and a record $141M in net new business wins.
WPP reported a 6.7 percent drop to $3.1B in Q1 like-like revenues less pass-through costs. CEO Cindy Rose says 'it will take time to outpace historical losses."
