NEW YORK, May 2, 2013 /CNW/ - MDC Partners announced today that Dr. Sherry Cooper, renowned economist, has been enlisted to serve as Chief Economic Advisor to the company. Dr. Cooper will serve as a consultant, providing analyses and forecasts of the domestic and global economy and financial markets to MDC Partners, its agency partners and its clients.
"As an organization responsible for transforming the businesses of our clients, we have always had an extremely rigorous analytical eye towards trends and shifts in the global economy," said Miles Nadal, President and CEO of MDC Partners. "With Dr. Cooper's help, we are now formalizing that analysis as a consistent resource for the benefit of our agency teams and clients. We are thrilled to be able to draw from Dr. Cooper's unparalleled expertise and global perspective, and to provide even more thorough economic insights to the creative and strategic thought-leadership our agency Partners are known for."
Dr. Cooper brings more than 35 years of economic analysis expertise to MDC Partners. Most recently, she served as Chief Economist of BMO Financial Group, a role that was broadened to include the combined responsibilities for economic forecasting and analysis, as well as country- and industry-risk assessment for the bank's Risk Management Committee and for the Risk Review Committee of the Board of Directors. Prior to her role as Chief Economist, Dr. Cooper directed a top-ranking economics team at BMO Financial Group, providing analyses and forecasts of the global economy and financial markets for the trading operations of the group and its retail, institutional, corporate and government clients.
"I am thrilled to be working with MDC Partners -- innovators in business transformation," said Dr. Sherry Cooper. "Today's world is volatile, uncertain, complex and ambiguous. Adaptability and reinvention is key to thriving in this rapidly changing environment. I am excited to augment the already-rigorous analysis that MDC Partners brings to its clients."
Before joining BMO, Dr. Cooper led a team at Burns Fry Limited that was responsible for analyzing and forecasting Canadian and U.S. economic and financial developments in a global context for institutional and corporate clients and trading operations. There, she served as a consultant to corporate boards and foreign central banks, provided forecasts for Security Pacific National Bank and Bank of America (shareholders in Burns Fry), and led all Burns Fry's fixed income sales and research operations worldwide.
Dr. Cooper began her career at the Board of Governors of the Federal Reserve System in Washington, D.C., where she served for over five years doing extensive research in the U.S. housing and mortgage markets, monetary policy and regulatory policy regarding the savings and loan associations and the banking system. Dr. Cooper has an M.A. and Ph.D. in Economics from the University of Pittsburgh.
About MDC Partners Inc.
MDC Partners is one of the world's largest Business Transformation Organizations that utilizes technology, marketing communications, data analytics, insights and strategic consulting solutions to drive meaningful returns on Marketing and Communications Investments for multinational clients in the United States, Canada, and worldwide.
MDC Partners' durable competitive advantage is to Empower the Most Talented Entrepreneurial Thought Leaders to Drive Business Success to new levels of Achievement, for both our Clients and our Shareholders, reinforcing MDC Partners' reputation as "The Place Where Great Talent Lives."
MDC Partners' Class A shares are publicly traded on NASDAQ under the symbol "MDCA" and on the Toronto Stock Exchange under the symbol "MDZ.A".
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SOURCE: MDC Partners Inc.
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