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| Mark McCall |
FTI Consulting’s strategic communications operation posted a 4.5 percent jump in Q1 revenues to $73.1M as it enjoyed strong demand for reputational services work.
The group increased its headcount by 16.3 percent (139 people) from a year ago to hit the 995 mark.
That aggressive hiring took a toll on the PR division’s operating income as it fell 41.5% to $8.7M due to higher compensation and SG&A outlays.
During the quarter, Mark McCall’s unit added Lauren Crawford Shaver, who worked in the Obama administration on its landmark Affordable Care Act, in Washington as a senior managing director.
Jennifer Mercer, who led strategic communications for Paladin Management Group, took the managing director post in Los Angeles.
Leonor Díaz-Córdova of the CT Group advisory signed on as managing director in the EMEA crisis and litigation communications offering.
Longacre Square Partners represents Ancora Holdings as it urges the board of Big Yellow Group to conduct a strategic review of the UK’s No. 1 self-storage company.
Kekst CNC handles Getty Images as it begins a prepackaged Chapter 11 reorganization and receives a commitment from Koch Equity Development and the Getty family to invest $533M in the visual content company.
As capital concentrates among established firms, emerging managers must find new ways to earn investor confidence.
Teneo handles True Food Kitchen as the Scottsdale, AZ-based wellness food restaurant chain that counts Oprah Winfrey as a minority investor files for Chapter 11.
FGS Global and Teneo represent Canada’s billionaire Weston family as its Wittington Investments holding company acquires Boots Group, the 177-year-old UK health & beauty retailer, from Sycamore Partners for $8.9B.
