Qorvis Communications: Agency Business Report 2009

In 2008, Qorvis invested heavily in its digital offerings for clients, expanded its advertising business, and launched its in-house Clarus Research Group. It also bolstered its Qorvis University program for employees.

Outlook
In 2008, Qorvis invested heavily in its digital offerings for clients, expanded its advertising business, and launched its in-house Clarus Research Group. It also bolstered its Qorvis University program for employees.

"We're proud of three things: that we've been able to continue to grow in a down economy, we have a 98% approval rating from clients, and we've been able to keep staff turnover very low," says managing partner Michael Petruzzello.

He attributes a large part of the agency's success during a recession to its DC location. "There's change in administration and policy going on, and an active Congress, which leads to a growth in public affairs and public policy work."

Moving forward, the agency will focus on expansion in the areas of energy, tech, healthcare, and financial services.

Staff
Headcount was 96, up 10% from 2007. Senior hires include Lisa Bushey and Karen Hanretty, both MDs, and Ron Faucheux, president of Qorvis' Clarus Research Group. Stan Collender and Michael Quint were both promoted from managing director to partner. David Bass, Bill Cullo, Doug Koelemay, and David Harvey, all previously MDs, left in 2008.

Practice areas
Though it has no official practice areas, Qorvis provides services in public affairs, financial services, healthcare, research, advertising, and digital and video media.

Accounts
Key wins include American Cable Association, Wireless Innovation Alliance, Sun Microsystems, and washingtonpost.com.

Financial performance
Revenue was $34,919,065, a 15% increase from 2007. The agency experienced top- and bottom-line growth, 50% of which was organic, and 50% from new business.

Key facts
Principal: Michael Petruzzello, managing partner

Ownership: Independent

Offices: One, Washington, DC

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