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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.
Mike Sitrick has bought his firm Sitrick And Company back from RGP, the Dallas-based management consulting firm. He sold the strategic communications powerhouse for $43.4M in Oct. 2009.
Omnicom CEO John Wren enjoyed a 222 percent jump in 2025 compensation to $69.9M as the firm completed the acquisition of Interpublic.
Public Policy Holding Company recorded 24.7 percent growth in 2025 revenues to $186.5M and a 32.1 percent surge in adjusted net income to $36.6M.
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.
