Now Y&R loses $60m Office Depot, the mood music around the agency isn’t good

Office Depot isn’t a particularly big account but it’s one of a series to depart WPP-owned Young & Rubicam in recent times.

And the New York agency has recently lost a number of key people including global CEO Hamish McLennan, who’s gone back to homeland Australia, and creatives, joint CCOs Scott Vitrone and Ian Reichenthal to Wieden + Kennedy New York and creative director Kevin Brady to Droga5.

Wunderman US boss David Sable (pictured) who’s just taken over from McLennan as Y&R boss must be wondering if this is a promotion or not.

Y&R remains a great agency brand and Y&R Brands boss Peter Stringham who sits between the Y&R agency, its associated companies including Wunderman and WPP boss Sir Martin Sorrell is a wise old owl.

RKCR/Y&R in London, for example, is going great guns, coining it from Marks & Spencer and Virgin Atlantic despite losing three key executives when breakaway Adam & Eve departed the coop.

But David Sable, with help from his masters, needs to bring both the client and creative exodus under control double quick.

His biggest issue is that he’s from Wunderman. Y&R is a blue chip agency brand and some people there won’t take kindly to a boss from what they see as a direct marketing company.

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About Stephen Foster

Stephen is a former editor of Marketing Week and London Evening Standard advertising columnist. He wrote City Republic for Brand Republic and is a partner in communications consultancy The Editorial Partnership.