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| Richard Edelman |
Edelman posted a 4.9 percent drop in 2024 revenues to $986M due to lackluster performances in the US (-7.9 percent) and APAC (-11.5 percent) sectors.
Richard Edelman’s firm posted declines in technology (-6.2 percent), food & beverage (4.4 percent), and healthcare (-3.7 percent).
He expects a rebound based on a robust new business momentum.
The No. 1 firm’s biggest 100 clients combined for a 6.7 percent spending hike during the year, while global clients increased their outlays by 2.8 percent.
On the new business front: Edelman added Reynolds Consumer Products, America250, and COP30 in the US; GSK in Canada; Netflix and Spotify in Latin America; King Salman Park and Signify (UK) in the EMEA; and International Solar Alliance and Mongolia in the APAC.
The firm welcomed Aaron Guiterman back to the firm after he spent nearly a year at Burson as EVP & Washington lead. He is US head of public & government affairs.
Emma Peacock, a 14-year veteran at Pfizer, took on the head of health policy post in the PA & government unit; Google/Microsoft alum Luis Montero signed on as head of technology policy; and former South Carolina governor and UN ambassador Nikki Haley assumed the vice chair position.
WPP chief Cindy Rose is cutting up to 1,000 jobs by the end of the year, adding to the 11K jobs lost since the start of 2025, according to a report in the Financial Times.
WPP CEO Cindy Rose declares her stabilization plan is "firmly on track" as the company reports a 4.7 percent dip in 1H revenues.
FTI Consulting reported a 2.6 percent drop in Q2 strategic communications revenues to $100M, a shortfall largely due to a $7.4M decline in pass-through revenues.
Omnicom CEO John Wren reported a 7.2 percent rise in Q2 “core operations” to $6B and a 6.1 percent spurt on an organic basis.
Publicis Groupe’s H1 net revenues inched ahead by 1.1 percent to $8.3B. Organic growth hit the 4.7 percent mark.
