KEY WINS:
111 new accounts and 13 retentions, including Nike, AWS, Intuit, Ring, European Parliament, ING, Ledger, ONCE, HelloFresh, EnergyAustralia, Luminus, Liberty Mutual (retention), Teva (retention), Destination Canada (retention and expansion), Travel Alberta (retention), Merck (retention)
LOSSES:
None
STRATEGIC MOVES:
The agency hired strategically, tapping an executive team from IPG Mediabrands’ performance marketing agency, Reprise Digital. It revamped its custom approach to client work, shedding its Cultural Velocity strategy for a new strategy called Fame and Flow. It also embraced a group-led strategy in some instances, tapping sister companies Reprise Digital and Kinesso to craft custom solutions for companies like Nike.
REVENUE:
Initiative declined to reveal its revenue, but saw a 33% increase from 2021.
DEI:
Initiative’s employee makeup is impressive relative to competitors. The numbers tell the story, which…