Intended to drive even stronger integration across its global platform
InnerWorkings, Inc. (NASDAQ: INWK), the leading global marketing execution firm, today announced a global business realignment strategy that will allow the Company to more efficiently meet client needs with consistently high levels of quality and service across its global platform.
The realignment will centralize resources in regional centers of excellence that ensure all clients have access to the full suite of InnerWorkings' services. The most significant changes will be seen in Europe, where several hubs will be created to provide a more effective model to serve client needs across the region. The Company already maintains similar hubs and centers of excellence in North America, Latin America, and Asia. This new structure will enhance the roll out of the Company's broad range of marketing execution capabilities to new clients as well as the recent enterprise wins with large corporations.
"This realignment is a natural next step following the significant growth InnerWorkings has experienced in recent years," said Eric D. Belcher, Chief Executive Officer of InnerWorkings. "Through improved integration of our international resources, we put ourselves in a better position to support our global clients while improving our annual profitability by approximately $5.0 - $6.0 million."
