bevanddara

Daily Inspirations and Adventures

March 31st – Tid Bits

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First off, I didn’t get to the Red and White Quilt show so you’ll have to post your pictures and tell me about it – HELLO!  🙂

I am going to dinner with Vicki tonight.  We’re going to Pure Food & Wine because she has a Groupon.  Its never too early to figure out what you’re having, right?  I’m thinking Salad of Arugula, Endive, Candied Pecans, Lavender Shallot Vinaigrette and then Porcini Ravioli with Truffle Cream Sauce, Baby White Asparagus followed by Frozen Coconut Mousse.  Yum

Secondly, Mandi sent me a new picture of Cielo today.  I’m going to try to see them when we’re in PA for Easter (Dad wants us to play in a golf tournament with him on Good Friday – has been asking us for years – finally gave in).

She’s cute and Mandi is LOVING being a Mom.

Lastly . . . ICR was in the local CT newspaper yesterday about our recent ranking in the O’Dwyer annual survey.  The full article is below.  Good article but they spelled our name incorrectly in a few spots . . . not sure what is so difficult about spelling ICR . . .

ICR reaches financial top spot

NORWALK
The Hour Online

By CHRIS BOSAK

Hour Staff Writer

A newcomer to the Norwalk business scene is also a newcomer to the top spot in an industry ranking.

ICR, an independent public relations firm, announced that its financial communications practice has been ranked number one as defined by revenues in O’Dwyer’s annual survey. O’Dwyer’s has conducted agency rankings for 40 years.

ICR reached the top spot in financial communications for the first time, beating out 49 other independent firms. It was also ranked eighth among 148 companies that documented their revenues for O’Dwyer’s Directory of PR Firms.

“We started on the list in 2003 and every year we’ve increased our ranking. The last three or four years we’ve been in the top 10,” Thomas M. Ryan, CEO of ICR, said. “It’s in our sweet spot category (financial communications) and we’ve hit the number one spot. It’s very meaningful to us.”

The rankings are based on 2010 revenue. IRC had a 20 percent increase over the previous year, totally more than $26.5 million.

ICR moved to iPark on the Norwalk/Wilton border last year. It had been located in Westport since the company was founded in 1998. ICR employs about 50 people in Norwalk and close to 100 worldwide.

Like many companies, ICR was forced to downsize in 2009, but its recent success has allowed the firm to start hiring again.

“In the last four or five months we’ve been hiring people back and getting new clients,” Ryan said. “There’s a real need for what we’re doing, especially when the IPO market is hot. We work with 280 companies and 95 percent of them are public.”

ICR’s client list includes companies such as Royal Dutch Shell, Starwood, California Pizza Kitchen and J. Crew.

“We help companies with investors and crisis management. Public companies are under a lot of scrutiny with investors these days,” Ryan said.

Grabbing the number one spot in the O’Dwyer survey needs to be put in its property perspective, according to Ryan.

“Being number one doesn’t necessarily mean you’re the best,” he said. “We want to be number one and be the best in customer service.”

Ryan, and the entire team at ICR, have also accepted the top accolade with heavy hearts. Ryan founded IRC with two friends, Chad A. Jacobs and John P. Flanagan. Both Jacobs and Flanagan passed away of cancer in the last 20 months.

“Our recent growth as a company is a testament to everyone around here. It was a shock to the company,” Ryan said. “Those guys are still a part of what we do every day.”

Ryan started his career as a casino analyst for a bank writing buy-hold-sell reports. It was there that he saw the need for a public relations firm that specialized in financial communication.

“I saw companies make big mistakes with how they told their stories to the world,” he said.

Ryan grew up in Norwalk so he was excited about the prospect of moving the firm to his hometown after several different locations in Westport.

“I grew up seeing the development and growth of Norwalk,” he said. “So when we were deciding where to go, we were fired up about finding this location. The economics of it were great. We had been in an inefficient space on two floors. This locations is more user-friendly and there’s room to grow.”

ICR also has offices in San Francisco, Boston, New York, Los Angeles and Beijing. Ryan said the company is considering expanding into Brazil. Ryan said most companies are branching out throughout the world, so his firm has to keep up.

“Every company is trying to be as global as they can,” he said.

Written by bevanddara

March 31, 2011 at 11:36 am

Posted in Random

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