NEW YORK—Edelman has hired Andrew Merrill as executive vice president and global managing director of the firm’s financial practice. Merrill joins from The Abernathy MacGregor Group, where he was a managing director, counseling clients on financial public relations, investor communications and corporate governance issues as well as a variety of other special situations, including mergers and acquisitions, initial public offerings, bankruptcies and restructurings and corporate crises.
Merrill replaces Hollis Rafkin-Sax, who left Edelman last month to become vice-chairman of Financial Dynamics in the U.S. Merrill will report to Matthew Harrington, president of the firm’s Eastern Region. He leads a practice that includes transaction communications, corporate governance consulting, investor relations, litigation support and crisis communications.
The practice includes a roster of first-tier companies such as Adidas, Deutsche Bank, Chicago Mercantile Exchange and Swiss Re.
“Andrew brings a depth of experience in counseling corporations as they advance their commercial and business interests during this time of increased governmental and shareholder oversight,” says Harrington. “In this challenging environment, Andrew’s experience will prove invaluable to strengthening our practice to the benefit of our clients and staff.”
Since joining Abernathy MacGregor in February, 2000, Mr. Merrill had been involved in a broad range of transactions and special situations, including insider trading allegations and crisis management for ImClone Systems, DTE and MCN’s merger renegotiation, Global Marine and Sante Fe International’s merger of equals, Alcatel’s merger discussions with Lucent Technologies, Shell Exploration and Production’s unsolicited bid for Barrett Resources, Vivendi’s merger with Seagram and Canal+, Southern Company’s spin-off of Southern Energy and Warnaco’s bankruptcy filing.
Merrill’s expertise in the transactions and special situations area is significant because larger full-service firms have for the most part been unsuccessful in their efforts to break into that lucrative market. They also have been unable to recruit top talent from the specialist firms. But Merrill says he was attracted by the scope of Edelman’s operations.
“Edelman brings together the unique strengths of superior integrated public relations in key markets around the world with dedicated practices in corporate governance, financial communications and investor relations,” he says. He joins a team that includes New York-based Richard Mahony, executive vice president and deputy general manager: Bill McBride, executive vice president; and Jeff Zilka, executive vice president in Chicago.
Prior to joining AMG, Mr. Merrill was a vice president at Sard Verbinnen & Co.