SOURCE: WCG

March 01, 2012 08:00 ET

WCG Reports 2011 Business Results and Highlights

29 Percent Revenue Increase Versus 2010; 41 Percent Compounded Growth Rate Since Inception 10 Years Ago

SAN FRANCISCO, CA--(Marketwire - Mar 1, 2012) - WCG, an independent global strategic communications consulting firm, today reported another year of growth and progress with approximately a 29 percent increase in revenue to $47.6 million in 2011 over $37 million in 2010. During the 10 years the firm has been in business, it has achieved a 41 percent compounded growth rate.

"Following a year of remarkable progress and continued re-investment of our improved profits back into our people, technology and infrastructure, we are on track for another strong year in 2012 as we enter our second decade in business," said Jim Weiss, founder, chairman and CEO. "We continue to thoughtfully hire the best and brightest people; to be nimble and quick to adapt to the changing media and economic landscape; to diversify beyond our core healthcare business into consumer and technology; and to organically integrate analytic, digital and creative content capabilities into everything we do. We are building an entrepreneurial firm that consistently brings next practices designed to pragmatically disrupt the markets in which our clients operate, and we work with them to more effectively connect with key audiences in meaningful, relevant ways that drive measurable business results."

2011 and Recent Milestones

1. Named Digital Agency of the Year and Global Healthcare Agency of the Year by the Holmes Report
2. Ranked #7 in PRWeek's Annual Agency Business Report
3. Ranked #6 and #3 among O'Dwyers list of Top Independent PR Firms and healthcare agencies, respectively
4. Celebrated 10th year in business, growing from one consultant to nearly 300 in seven offices
5. Hired 119 new people, including the following senior level staff:

  • Gary Grates as Managing Director to build firm's global presence and expand capabilities and offerings to clients in change management, corporate positioning, corporate reputation, strategy development/planning, employee engagement, M&A and labor management
  • Tim Marklein as Leader of Analytics and Technology Practice
  • Laura Fusco as Leader of Creative Practice
  • Craig Alperowitz as Group Director to take lead role in executing integrated communications strategies with clients in consumer products and entertainment
  • Leslie Wheeler as Practice Leader in Healthcare
  • Dave Mihalovic as Managing Director of Digital Strategy

6. Strengthened international capabilities with new hires and expansion of London office
7. Opened Los Angeles office
8. Gained 19 new clients in the healthcare, consumer/entertainment and technology sectors
9. Joined forces with WebMD founder Jeff Arnold's new venture, Sharecare, to launch healthcare industry's first-ever analytics-powered digital engagement platform
10. Bob Pearson, Chief Technology and Media Officer, published Pre-Commerce, and Aaron Strout, Group Director, published Location-Based Marketing for Dummies, both through the publishing company Wiley
11. Hosted first annual Pre-Commerce Summit at the 2011 South by Southwest Interactive Conference featuring speakers from Dell, Intel, Hershey, Pfizer, Thomson Reuters and other business leaders
12. Tim Marklein named head of a new coalition tasked with creating global standards for social media measurement
13. Won Global SABRE for Outstanding Healthcare Consultancy, bronze CLIO award for design, WOMMY (Word of Mouth Marketing Association) silver Cause Marketing Award, and four first place and two second place Dx Creative Communications Awards

About WCG
Founded and led by chairman and CEO Jim Weiss, WCG is focused on integrated business solutions in the areas of innovation, change and growth for the world's leading companies and brands. WCG serves clients through a network of offices in San Francisco, New York, Chicago, Washington, D.C., Austin, Los Angeles and London. For more than a decade, WCG's seasoned professionals have specialized in providing analytics, content, engagement and strategy to a diverse set of clients across the consumer, technology, healthcare and pharmaceutical industries. For more information, please visit http://wcgworld.com.

Follow us on Twitter: @wcgworld
Find us on Facebook
Read our CommonSense Blog

Contact Information

  • Contact:
    Aaron Strout
    617.957.4254