Edelman UK hires Lord Myners as chairman, becomes UK's biggest PR firm

Edelman UK has appointed Lord Paul Myners, former chair of troubled rival Huntsworth, to the new role of chairman - as it overtakes Brunswick to become the UK's biggest PR agency.

Lord Myners: Former minister left Huntsworth after six-month stint as chairman
Lord Myners: Former minister left Huntsworth after six-month stint as chairman

This morning sees the launch of PRWeek's annual Top 150 UK PR consultancies table, which shows that Edelman UK has overtaken Brunswick at the top of the list with fee income up 11 per cent to £50.89m. This year the Top 150 is part of the wider PRWeek Global Agency Business Report.

Coincidently, the news comes as Edelman announces the appointment of Lord Myners to the newly created role of chairman, a little over six months after he stood down as chairman of Huntsworth.

Myners, who was City minister for two years during Gordon Brown's premiership, said: "As a businessman, and in government, I always placed enormous value on the senior counsel and innovative thinking at which Edelman excels.

"I am looking forward to working with Edelman’s senior leadership team and playing my part in Edelman’s future growth."

Myners chaired Huntsworth during an eventful six months that included the announcement in August that the group's founder Lord Chadlington would retire and Myners would lead the search for his successor. Huntsworth this month reported a 20 per cent fall in full-year pre-tax profits during a "turbulent" year.

Myners' former chairmanships include Marks & Spencer, Guardian Media Group and Land Securities. He will continue to serve as chairman of the London School of Economics & Political Science.

Ed Williams, CEO of Edelman UK, said: "His wise counsel and business acumen will be of great value to our business. His distinguished career in business and finance is hard to top, and we look forward to working closely with Paul as we grow our business and adapt to our clients’ evolving needs."

According to Williams, the firm's performance during 2014 marks the first time a single UK agency has achieved annual fee income over £50m.

With the Ireland business incorporated into the UK arm during the past 12 months, total revenues for the division reached £53m.

Williams told PRWeek: "Over the past three years we have grown by 45 per cent in London. Our success has been down to the delivery of our premium integrated agency strategy, our great people and our independence.

"Scale is only ever important because it allows you to invest in clever, interesting and experienced talent who can do great work for clients. I am proud to lead the number one UK agency and am excited at what the next three years will hold for Edelman."

Stay tuned to PRWeek all this week for more news, analysis and insights from the Global Agency Business Report and the UK Top 150 table.

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