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Posts Tagged ‘Robinson Lerer & Montgomery’

Finsbury and RLM to Merge

UK financial firm Finsbury and U.S. firm Robinson Lerer & Montgomery are merging to become RLM Finsbury. Roland Rudd, who co-founded Finsbury, and will be chairman of the new firm. RLM CEO Walter Montgomery will hold that position at the merged company. Both firms are under the WPP umbrella.

RLM is a full-service firm that boasts clients like Comcast and E*Trade. Finsbury is focused on IR, political, and financial communications such as M&A with clients like Ford and KKR.

It will have offices in New York, London, Abu Dhabi, Brussels, Dubai, and a new office in Hong Kong later this year. The combined firm will have 180 staffers.

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Roll Call: BlackRock, Sara Lee, Visible Technologies, and More

Linda Robinson, who helped found Robinson Lerer & Montgomery in 1986, has joined BlackRock, an investment, advisory, and risk management company, as senior MD and global head of marketing and communications. R.L.M. partner Jim Badenhausen is also joining BlackRock as MD and global head of corp comms. The NY Times has the announcement letter and Robinson’s memo.

Sara Lee has hired Robin Jansen as VP of IR, working out of the company’s Utrecht, Netherlands office. Jansen joins from Danone, where he was director of IR.

Blythe Reiss has joined APCO Worldwide to lead its food and consumer products practice in NY. Reiss was previously VP of comms in the Americas for Electrolux Group, overseeing corporate communications, issues management, and internal comms for the company.

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Billings Up 12.6 Percent at WPP

WPP has released its 2010 preliminary results, reporting that billings increased 12.6 percent to $65.961 billion. Based on constant currency, revenue was up 5.6 percent, reflecting the weakness of the pound versus many other currencies. But reportable revenue was up 7.4 percent to £9.331 billion, or $15.158 billion, based on today’s exchange rates.

PR and public affairs was nine percent of revenue as a total percentage of the group, up 4.3 percent from 2009. Branding and identity and healthcare and specialist communications were 24.9 percent of revenue as a total percentage of the group, up five percent from the prior year. Hill & Knowlton, Cohn & Wolfe, Ogilvy PR, and Burson-Marsteller are among WPP’s firms.

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