It looks like more changes are coming to NATIONAL Public Relations as the agency continues to integrate Equicom into their financial services side of the business. We reported two weeks ago about the departure of Michael Nitsopoulos, and now it seems more staff changes are taking place. A soft capital market, energy and mining companies aggressively cutting costs is certainly not helping agencies with their consultant fees. NATIONAL could also see the effect of its client SiriusXM Canada move to become a private company, they announced in May as part of its recapitalization plan. Once the recapitalization is complete Sirius could end its relationship with external vendors such as NATIONAL (Equicom).
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We had also reported back in January that David Scott left NATIONAL, and joined Hansell McLaughlin Advisory as one of its Founding Principles.