Mark McCall, COO and chief of FTI Consulting’s Americas strategic communications unit, is taking over for Ed Reilly who will focus on client development and transition execution.
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Mark McCallCEO Steve Gunby said McCall “has the ideal mix of client management and development skills, operational experience and leadership capabilities.
Prior to the strat comms slot, McCall headed FTI’s special situations group, responsible for M&A activity, restructuring and IPOs. The New York-based McCall also worked in financial/IR in Chicago for Hill+Knowlton Strategies and Burson-Marsteller.
Reilly was president of KRC Research, vice chairman of Bozell Sawyer Miller Group, founder of Westhill Partners before joining Financial Dynamics as managing director in 2005. He assumed the strat comm helm in 2011.
The strat comms unit posted a 7.4 percent decline in Q2 revenues to $46.2M due to sluggish project-based revenue in North America, especially for financial communications and corporate reputation work.
Stagwell CEO Mark Penn reports Q3 net revenues jumped 6 percent to $614.5M, a record performance for a non-political period. Operating income soared 45.7 percent to $60.9M.
Joele Frank works for Klöckner Pentaplast as the German maker of plastic films declares Chapter 11. A successful reorganization would slash its its corporate debt by $1.5B.
Teneo represents Metsera, the New York City biotech focused on weight-control products, which is subject to a bidding war between heavyweights Novo Nordisk and Pfizer.
Haggie Partners is working the $7B takeover of the specialty insurer Convex by Canada’s Onex private equity fund and American International Group.
WPP reported Q3 revenues less pass-through costs tumbled 5.9 percent to $3.3B, a performance new CEO Cindy Rose called “unacceptable.”
