Business
Finsbury Glover Hering and Sard Verbinnen to Merge
Finsbury Glover Hering and Sard Verbinnen to Merge.
About this update from Wpp Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9165O\n WPP PLC\n 13 October 2021\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n FOR IMMEDIATE RELEASE\n \n \n \n \n 13 October 2021\n \n \n \n \n \n \n \n \n \n \n \n \n WPP PLC (\"WPP\")\n \n \n \n \n \n Finsbury Glover Hering and Sard Verbinnen & Co to Merge, Creating Global Strategic Communications Leader\n \n \n \n \n \n WPP today announces that its majority-owned subsidiary, Finsbury Glover Hering Corporation (\"Finsbury Glover Hering\"), and Sard Verbinnen & Co (\"SVC\") have reached agreement on the terms of a merger to create the world's leading strategic communications firm advising clients in navigating critical opportunities and challenges (the \"Transaction\").\n \n \n \n \n \n The new firm will help clients achieve their missions and realise their business goals, with approximately 1,000 professionals operating from 25 offices in Asia, Europe, the Middle East and the United States, including its global headquarters in New York. Pro forma combined 2020 revenue was more than $330 million. \n \n \n \n \n \n Over the past three decades, both Finsbury Glover Hering and SVC have built impressive reputations advising clients during their most significant transformational events. The firm will be a leader in all aspects of strategic communications, including government affairs, corporate reputation, crisis management, and transformation and change, as well as the leading force in financial communications worldwide, with strong experience and expertise in M&A, private equity, IPOs, SPAC transactions, shareholder activism and restructurings.\n \n \n \n \n \n The new firm's professionals have deep sector knowledge within rapidly growing industries \n such as Health, Food and Agriculture, and Renewable Energy, as well as expertise in Diversity, Equity, and Inclusion (DE&I), Environmental, Social and Governance (ESG), litigation and regulatory communications, and cybersecurity. \n \n \n \n \n \n Senior professionals from Finsbury Glover Hering and SVC will lead the new company. SVC's George Sard will join Finsbury Glover Hering's Roland Rudd and Carter Eskew as Co-Chairmen. Alexander Geiser will serve as Global CEO, Ajay Junnakar will serve as Global CFO, Sydney Neuhaus will serve as Global COO and ...