REG - Public Policy Hldg - Chief Financial Officer Succession

Public Policy HoldingAnnouncement

03/07/2023 07:00

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RNS Number : 6492E  Public Policy Holding Company, Inc.  03 July 2023

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Public Policy Holding Company, Inc.

 

("PPHC", the "Group" or the "Company")

 

Chief Financial Officer Succession

 

Public Policy Holding Company, Inc., the government relations and public
affairs group providing clients with a fully integrated and comprehensive
range of services, is pleased to announce that, as part of its executive
officer succession planning, Roel Smits has been appointed as Chief Financial
Officer with immediate effect.

 

Founding CFO Bill Chess remains on the Board as Executive Director and will
assume the new position of Chief Administrative Officer, reporting directly to
the CEO, where he will drive internal efficiency and collaboration.

 

Roel joined PPHC in May 2022 as Deputy CFO. He has previously acted as CFO at
Kantar, the data analytics and brand consulting company owned by WPP and Bain
Capital, most recently for Americas and prior also for Asia-Pacific and
Africa. Prior to that, he performed senior roles at WPP (Senior VP of
Corporate Development) and Dutch private equity family office HAL Investments
BV. Roel has a Masters in Finance from London Business School, as well as a
Masters in Economics from Erasmus University Rotterdam and an MBA in Marketing
from Michigan State University.

 

It is the intention that Roel will join the Board in due course subject to
completion of customary due diligence and regulatory procedures.

 

Simon Lee, Chairman, PPHC commented:

"The appointment of Roel to the position of CFO and of Bill to the new
position of Chief Administrative Officer is the result of careful succession
planning and adds additional strength to the executive team. Since our IPO in
December 2021, we have created a business delivering revenues of over $100m
with strong EBITDA margins between 25% and 30% and we are looking forward to
building on this progress in the coming years.

 

Roel Smits, CFO, PPHC commented:

"I am delighted to take on the role of PPHC's CFO as we continue to deliver
our clearly stated strategy and benefit from the ever-increasing importance
that corporates globally are placing on government relations and public
affairs. In addition to continued organic growth, PPHC is actively in
discussions with a number of potential acquisition targets, both in the US and
internationally - I am excited by the potential for significant growth that
lies head for the Group. With deepest respect I thank my predecessor Bill
Chess for all he has done for PPHC since its inception in 2014."

 

Bill Chess, Chief Administrative Officer commented:

"Being part of the team that has propelled PPHC into becoming the largest
provider of federal lobbying services in the US continues to be an incredible
journey.  I'm looking forward to working in my new role to drive internal
efficiency and collaboration as we deliver on our organic and acquisitive
growth plan."

 

 

Enquiries

 Public Policy Holding Company Inc.         +1 (202) 688 0020

 Stewart Hall, CEO

 Thomas Gensemer, Chief Strategy Officer

 Stifel (Nominated Adviser & Broker)        +44 (0) 20 7710 7600

 Fred Walsh, Tom Marsh

 Buchanan Communications (Media Enquiries)  +44 (0) 20 7466 5000

                                          pphc@buchanan.uk.com (mailto:pphc@buchanan.uk.com)
 Chris Lane, Toto Berger

 

About PPHC

Incorporated in 2014, PPHC is a US-based government relations and public
affairs group providing clients with a fully integrated and comprehensive
range of services including government and public relations, research and
digital advocacy campaigns. Retained by over two-thirds of its 1000+ clients,
including corporates, trade associations and non-governmental organisations,
the Group is active in all major sectors of the U.S. economy, including
healthcare and pharmaceuticals, financial services, energy, technology,
telecoms and transportation. PPHC's services support clients to enhance and
defend their reputations, advance policy goals, manage regulatory risk, and
engage with US federal and state-level policy makers, stakeholders, media and
the public.

 

PPHC operates a holding company structure and currently has seven operating
entities comprising Crossroads Strategies, Forbes Tate Partners, Seven Letter,
O'Neill & Associates, Alpine Group Partners, KP Public Affairs and
MultiState Associates. Operating in the strategic communications market, the
Group has a strong track record of organic and acquisitive growth, the latter
focused on enhancing its capabilities and to establish new verticals, either
within new geographies or new related offerings.

 

For more information, see www.pphcompany.com (http://www.pphcompany.com/) .

 

 

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