By Stephen Foster on April 19, 2013
Investors prefer companies to be boring when it comes to announcing quarterly results and the marcoms gang looks unlikely to disappoint them. Omnicom has followed Publicis Groupe in announcing more or less ‘as you were’ figures for the first quarter of 2013; as you were in the sense of little or no overall growth compared [...]
Posted in Agencies, Analysis, Finance, News, Research | Tagged akqa, digital, europe, John Wren, kantar, lbi, market research, Maurice Levy, omnicom, publicis groupe, Q1 2013, results, Sir Martin Sorrell, WPP
By Stuart Smith on April 16, 2013
Whoever said advertising was a young person’s business? The conventional wisdom is that at 40, most ad executives would be advised to investigate a second career. And at 50, they’ll be positively clapped out and have “post-economic” freedom foisted upon them whether they like it or not. Superficially, membership statistics for the Institute of Practitioners [...]
Posted in Agencies, Finance, News | Tagged age, Bob Willott, david jones, havas, holding companies, Interpublic, ipa, John Wren, Maurice Levy, Michael Roth, Sir Martin Sorrell, WPP
By Stephen Foster on March 11, 2013
This one is becoming a hardy perennial – according to the Sunday Times WPP investors are (once again) revolting over CEO Sir Martin Sorrell’s pay package. Last year SMS trousered about £13m in salary (£1.3m), bonus and shares (about £5.6m), leading to opposition from a majority of shareholders. WPP chairman Phil Lader, a former US [...]
Posted in Agencies, Finance, News | Tagged John Wren, omnicom, pay row, shareholder revolt, Sir Martin Sorrell, WPP, £13m package
By Stephen Foster on October 17, 2012
The big marcoms companies have rather enjoyed the sagging global economy over the past couple of years, managing to increase revenue and earnings by rather more than most other sectors, apart from freaky performances like Apple’s (Apple is almost a sector of its own these days). Omnicom, number two by a narrow margin to WPP, [...]
Posted in Agencies, Analysis, Clients, Finance, News | Tagged bbdo, ddb, havas, John Wren, omnicom, publicis groupe, Sir Martin Sorrell, WPP
By Stephen Foster on September 25, 2012
Some Wall Street types think Interpublic, the alleged subject of a $6bn bid from Publicis Groupe a few weeks ago (denied by both parties, more energetically by PG) is still in play. Forbes reports that CEO Michael Roth (left) has wrung a startling profits rise out of the company even though its revenue has hardly [...]
Posted in Agencies, Analysis, Clients, Finance, News | Tagged aegis, dentsu, draftfcb, Interpublic, John Wren, Maurice Levy, mccann, Michael Roth, omnicom, publicis groupe
By Staff on July 19, 2012
Digital is becoming a bit of an issue for the mighty Omnicom; the marcoms giant’s strategy of embedding digital skills in its its mainstream agencies is being questioned and it has just replaced CEO Marita Scarfi with former Wunderman man David Shulman (pictured) as head of Organic in the US, one of its few standalone [...]
Posted in Agencies, Finance, News | Tagged akqa, David Shulman, John Wren, Jonathan Nelson, lbi, Marita Scarfi, omnicom, organic, WPP, wunderman
By Stephen Foster on July 16, 2012
Poor David Jones (pictured), the charismatic and youthful CEO of Havas isn’t usually left as the wallflower on the sidelines of the ad business but that’s exactly where he is at the moment. A Dentsu takeover of media buyer Aegis, long seen as a partner for Havas (Havas chairman Vincent Bollore was the biggest shareholder [...]
Posted in Agencies, Clients, Finance, Media, News | Tagged aegis, david jones, dentsu, havas, John Wren, lbi, omnicom, Sir Martin Sorrell, Vincent Bollore, WPP
By Stephen Foster on May 30, 2012
More than 50 per cent of WPP shareholders are likely to vote against boss Sir Martin Sorrell’s recent pay package according to a report in the Financial Times. Advisory group Institutional Shareholders Services (ISS) says it’s advising its client to vote against Sorrell’s £13m package (about half of which is a ‘new’ deal) and other [...]
Posted in Agencies, Clients, Finance, News | Tagged bank of america, coors, dublin agm, iss, Jeffrey Rosen, John Wren, Maurice Levy, Michael Roth, news corporation, pay package, remuneration committee, shareholder revolt, shareholder spring, Sir Martin Sorrell, team wpp, Vodafone, WPP
By Stuart Smith on May 24, 2012
Should we feel sad or glad for them? Viewed one way, Adam & Eve has just paid itself an awful lot of money to acquire a decent car account, Volkswagen. Looked at in another, what is arguably the UK’s most creative independent hotshot has sold itself short by doing a deal with an American multinational [...]
Posted in Agencies, Clients, Creative, Finance, News | Tagged adam & eve, amv/bbdo, Ben Priest, David Golding, ddb london, halifax, harvey nichols, James Murphy, John Lewis, John Wren, omnicom, rkcr/y&r, Stephen Woodford, Tom Roberts, tribal ddb, virgin media, volkswagen, £60m deal
By Stephen Foster on May 24, 2012
John Lewis agency Adam & Eve, bought for £60m by Omnicom yesterday, seems to have executed a reverse takeover of flagging DDB London as the Adam & Eve-ites have emerged firmly on top in the merged agency’s management. The three A&E founders James Murphy (pictured), David Golding and Ben Priest becomes CEO, CSO and executive [...]
Posted in Agencies, Clients, Creative, Finance, News | Tagged adam & eve, Ben Priest, David Golding, ddb london, integrated agency, john Banks, John Wren, merger, omincom, rainey Kelly, reverse takeover, rkcr/y&r, Rupert Howell, Stephen Woodford, Tom Roberts, virgin media, WPP, y&r, £60m
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