Tag Archives: omnicom

Omnicom inches ahead and lays down a global challenge to WPP

Giant marketing communications group Omnicom saw its profits inch ahead by 4.2 per cent to $243m in the second quarter of 2010 on revenue of just over $3bn, $1.6bn of which came from the US. Boss John Wren said this ...

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Omnicom’s John Wren deal shows you can still make money when you’re dead

At which point you presumably aren’t bringing in too much new business. But Omnicom shareholders today supported a proposal that will give outgoing CEO John Wren (his dependents presumably) up to $41m when he dies. He’s already due to collect ...

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Standard Chartered shows marketers the way in India

British bank Standard Chartered, which does 90 per cent of its business in the Far East and India, is to become the first foreign company to list shares (known as Indian Depository Receipts) on an Indian stock exchange. The company, ...

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Omnicom boss John Wren under fire for profiting as staff axed

Omnicom, the world’s second-biggest marcomms group with a reputation for treating its staff and the companies it acquires well, is under fire for doing precisely the opposite. US fund manager David Poppe of Ruane Cunniff & Goldfarb’s, which owns about ...

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Maurice Levy to hand over reins at Publicis

Maurice Levy, the boss of French ad giant Publicis Groupe for over 20 years, has said he is going to step down next year. Barring a pretty unforeseeable disaster Levy will leave the business in good shape as not just ...

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Will 2010 be the year of the agency start-up?

Agency start-ups put the energy into advertising and there’s some evidence around that the latter part of 2010 will see a whole raft of them as the economy recovers and top executives grow tired of life in the holding companies. ...

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