Finance

Omnicom president and CEO John Wren (pictured) has just sold a lot of shares in his own company. Interpublic Group chairman and CEO Michael Roth is about to do the same. What is it that they know, and we don’t? ...

Microsoft has fired two senior Bing marketing executives, Eric Hadley and Sean Carver, for allegedly misusing company funds. Microsoft says:”We can confirm that as the result of an investigation, Eric Hadley and Sean Carver’s employment with Microsoft has been terminated ...

What a difference an in-demand creative makes. Jeremy Carr (pictured), who joined JWT as a creative director last summer from Dare, has produced the goods for his new agency with the award of Premier Foods’ Hovis, Oxo and Ambrosia from ...

It’s one thing to win these whopper global accounts, quite another to make them work. Last year Aegis-owned Carat won the $3bn General motors global media account, mostly from Publicis Groupe’s Starcom but also from about 50 or so agencies ...

Sadly it’s a Brooklyn-based digital agency rather than a rival to space-hopping Richard Branson. But Sir Martin Sorrell’s WPP, ever keen to add to its digital offer, is reported to have bid $12.5m for the Brooklyn, New York agency that ...

Word reaches me that Nick Brien (pictured), chief executive officer of Interpublic Group’s troubled leviathan McCann Worldgroup, will be stepping down very shortly. Possibly within a few weeks. The size of Brien’s no doubt handsome severance package is likely to ...

A lot of people would tell you that it matters not a jot who is the biggest agency in any country, ranked by media billings. Creative agencies don’t spend the media money and, in the YouTube age, fees don’t necessarily ...

Aegis Group, which owns the Carat and Vizeum media buying agencies, out of home agency Posterscope and digital network Isobar, achieved organic growth of 9.9 per cent in 2011 (12.2 per cent in the last quarter) as profits soared to ...

The strife at Tesco is no showing no immediate signs of ending with the news that Richard Brasher (pictured), UK CEO of Britain’s biggest retailer, is on his bike, to be replaced by PLC CEO Philip Clarke. Brasher stepped up ...