Hanover boosts firepower with Michael Prescott hire
Former Sunday Times political editor resurfaces after leaving BT last year.
Hanover has substantially bolstered its corporate and public affairs firepower with the hire of former BT corporate affairs director Michael Prescott.
Charles Lewington’s agency has brought in Prescott in a newly created role as group managing director, corporate and political strategy.
The agency said he would provide senior counsel to its global digital, healthcare, retail, energy and financial services clients. Hanover’s blue chip client roster includes Shire, Airbus, Goldman Sachs, Microsoft, Lucozade Ribena Suntory and the British Beer and Pub Association.
Prescott is one of the industry’s most highly-rated figures and the hire is a coup for Hanover as it claims a 2016 revenue in excess of £11m - and seeks to build on its reputation as one of Europe’s top lobbying agencies.
The moves also marks a return to the agency world for Prescott, a former political editor of the Sunday Times. He first entered public affairs with Weber Shandwick and helped the agency to win public affairs contracts with Virgin Media, Balfour Beatty, British Nuclear Fuels, MasterCard and IKEA.
Prescott moved to BT in 2009 and announced his departure last year, having been part of the team which secured approval from the competition and markets authority for BT’s acquisition of EE.
Lewington, a former Conservative party communications chief, said: “I cannot think of a communications professional with a more impressive track record of providing brilliant counsel at CEO and chairman level, both in-house and agency. Mike is a fantastic client handler and a shrewd analyst of media and political trends in our rapidly changing post-truth environment.”
The Hanover CEO added: “Hanover is now one of Europe’s largest independent corporate consultancies. Michael is joining an agency where we've grown top line revenues by 25% a year for the past three years. We are confident he'll help turbo-charge the next phase of our growth.”
Prescott said: “I am delighted to be joining Hanover. To say the agency has great momentum would be an understatement. Organisations needing help with media and political affairs are turning to the company at an increasing rate as word of its excellence spreads ever further."
In the new job, Prescott will work closely with Hanover’s managing director of corporate and brand, Gavin Megaw and managing director of the UK advocacy team and Laura Swire.