Omnicom moves Rapp into Critical Mass and global CEO exits in restructure
New shake-up at Omnicom Precision Marketing division comes after MRM office closures in March.
New shake-up at Omnicom Precision Marketing division comes after MRM office closures in March.
Ex-WPP boss wants to bring together AI disruptors with business leaders and CMOs for series of events.
Omnicom and Stagwell have questioned the future independence of the data collaboration platform if it is acquired by the French agency giant.
Majority of shareholders backed new pay policy for CEO.
The French agency group says US adtech firm is expert in data collaboration for clients, a growth area in the age of AI to build “smarter agents”.
New global CEO talks to Campaign about his plans to reboot the underperforming international business and how the key to success is to focus on client growth, not on pitch opponents.
WPP consulted with shareholders and dropped an initial plan to increase executive pay by a higher quantum.
Publicis chief executive states strategy is “polar opposite” of its peers.
Coming age of agentic AI is forcing more collaboration between “frenemies” across the advertising and tech ecosystem.
Two companies “will leverage each other’s expertise to embed agentic AI”.
Wren reduced his salary to $1 in favour of stock options, but he will only profit on the amount that Omnicom’s share price rises above a key threshold.
WPP also found 'disparity' inside its own company as some US-based colleagues on executive committee earned more than CEO.
Top shareholder Vin Murria rejoins board.
CEO can “see a path” back to growth for agency group, which will operate as a single company. “I don't think as a holding company WPP had a culture,” she tells Campaign.
Agency group will lead with media in three-year plan after 5.4% revenue slump.
Combined staff numbers fell 6.4% as Omnicom took over IPG.
Dentsu's corporate shake-up and appointment of a new chief executive follows record $2 billion annual loss.
Majority of synergies will come from $1 billion cut to staffing costs, including job losses and offshoring.
Consumers say role of platforms is key as distrust grows over suspicious ads.
CEO talks to Campaign after increasing revenue and margin.
Revenues grew 5.6% in 2025, well ahead of rivals.
Dentsu says it has made no announcements on its international business, after reports that talks to sell the unit have collapsed.
Carmaker enters ‘period of exclusivity’ with agency group—with media-buying added during pitch process in surprise move.
Headhunter sounds out industry executives about potential interest in role.
Omnicom maintains prediction of significant cuts next year is “speculation and inaccurate”.
Changing how Omnicom operates and collaborates in post-IPG era requires shift in mindset and incentives.
Campaign reports from centenary bash for French agency group.
CEO speaks about dramatic post-IPG restructure. “I am not foolish enough to work 14 hours a day for a dollar,” he tells Campaign, after giving up salary in favour of stock.
Sweeping Omnicom shake-up will scrap three storied creative networks—DDB, FCB and MullenLowe.
Process has taken nearly three years.
Cindy Rose and Philip Jansen make co-ordinated purchases worth £280,000 in attempt to boost sentiment.
Arthur Sadoun calls on Omnicom to change how it reports revenues to improve transparency after IPG takeover.
Consulting firm is helping to 'facilitate and stress-test' planning for new strategy.
She has most recently been global president at integrated creative network.
Declining valuation of about US$4.3 billion (£3.3 billion) means WPP could be at risk of being relegated from the FTSE-100 index.
76 years after Bernbach, Doyle and Dane rewired the ad world, DDB might be headed for exit as Omnicom-IPG merger takes shape.
The company continues to invest heavily in AI through its new ‘to be determined’ (TBD) Lab, which remains in active hiring mode under Chief AI Officer Alexandr Wang.
European Union is the last remaining jurisdiction where Omnicom is poised to win approval.
Japanese agency group is 'too big' to buy outright, Havas said.
CEO also discussed the fight for top talent and how Omnicom’s impending acquisition of IPG has 'already' changed the new-business market in Campaign interview at Q3 results.
Oteh spoke at Campaign Live in her first UK interview since taking charge.
Acquisition ‘reinforces’ the owner of Campaign and PRWeek's market-leading position in marcomms.
He is expected to land a new, bigger role as new CEO Cindy Rose takes charge.
'We aim to rebuild our international business on our own,' Hiroshi Igarashi says, although it is considering other options.
Close ally of outgoing CEO Mark Read will support new boss Cindy Rose until end of 2025.
New CEO invited staff to a global town hall on September 4 in a video address.
Agency group cuts staff incentives by 60%.
Integrated review encompasses most of British car-maker’s creative and marketing services globally.
Ezekiel currently has dual role as CMO of WPP and CEO of WPP Open X, the holding company’s bespoke global agency for Coca-Cola.
The new CEO needs to be clear about what WPP stands for and how it goes to market.
Publicis CEO spoke to Campaign at Q2 results.
Campaign understands there has been high-level contact between the two companies.
She is already a WPP non-executive director on its board.
Analysts assessed whether further downgrades will be a broader industry issue.
Decision by board coming 'sooner than expected', sources suggest.
Five of Campaign's global editors spoke on a panel at Campaign House in Cannes.
Publicis CEO gave exclusive interview at Campaign House on first day of Cannes Lions.
Departing CEO had some notable successes, but the company has struggled.
Board begins formal search for new CEO.
The visceral response to the latest restructuring has been a lament for the way the holding company has moved too slowly and downgraded its agency brands over many years.
Publicis CEO says Lions festival should not just be about 'AI theory' or 'celebrating creativity for its own sake', given the toughest conditions since the pandemic.
Grey will split from AKQA as part of the move.
'Stop always being negative about our industry,' CEO says, after strong Q1 growth.
Agency group is “extremely confident” it will hit annual growth forecast, expected to be between 4% and 5% in 2025
Gideon Spanier explains the likely impact of the impending Omnicom takeover of Interpublic.
US-based Omnicom still requires consent of regulators in 17 markets to acquire IPG.
CEO outlined client examples in 23-minute video presentation.
Growth in media reflects how the scope has become much broader for clients, and Omnicom’s acquisition of IPG is poised to drive further change in the sector.
Two leading proxy advisory groups recommended shareholders vote in favour of acquisition.
CEO promises “thoughtful decision-making” as it plans more cuts.
CEO dismissed idea WPP might sell AKQA in Campaign interview.
The operations in India grew 2.8% but China declined by 20.8% on the back of pressures surrounding Group M.
Bank has been rethinking its $1 billion-a-year spend on advertising and communications to drive consistency and effectiveness in age of AI.
Total headcount fell 1,000, as job reductions more than offset acquisition of 2000-strong Flywheel, and agency group plans further staff cuts to save US$330 million.
In conversation with the Publicis' CEO after the group reported annual revenue growth of 5.8%.
Agency group 'reinforces talent pool' as it sees 'opportunity' in challenging 'new Omnicom'.
The two groups will continue to operate independently and compete in pitches for the time being, as the M&A deal could take a year to complete.
EssenceMediacom, Mindshare and Wavemaker brands will still operate globally and local market CEOs will retain their roles.
The biggest beneficiary might not be the two companies involved, but the wider agency sector itself, writes Campaign UK editor-in-chief, Gideon Spanier.
John Wren and Philippe Krakowsky speak to Campaign.
Announcement expected imminently.
Agencies hail their “complementary” assets and cultures.
Omnicom and IPG: Rumours of a merger surfaced a year ago.
M&A report surfaced on financial blog.
Briton plans to stay involved in marketing and communications world.
The Vivendi-owned agency group made the disclosure in its stock market prospectus.
The change impacts APAC markets, including Singapore, New Delhi, Jakarta, Hong Kong, and Sydney, while R3 China will continue to operate as a MediaSense affiliate.
Bosses could get extra $8 million in cash bonuses for working on separation from Vivendi, prospectus reveals.
The agency group cut revenue forecast in August but won Amazon and retained Unilever in key markets.
Planned acquisition comes at the same time as Ascential, the parent company of Lions, completes its £1.2 billion ($1.6 billion) sale to Informa this week.
Staff who own shares will benefit from rising stock price.
The emeritus chairman talks about his “passion” for Publicis over more than 50 years, his leadership tips, and how the French company is set to overtake WPP as the world's biggest agency group—on every financial measure.
Holding group CEO spoke to Campaign at Q2 results.
China's Q2 revenues declined by 24.2%, impacting overall Asia-Pacific performance.
Publicis CEO talks to Campaign at Q2 results.
The new CEO tells Campaign why the agency group must become a solutions-based business, look beyond traditional advertising, and embrace learnings from markets including Singapore and Sydney.
News coincides with IPG exploring a potential sale of RGA to Tata Consulting Services.
Festival is becoming more inclusive but inequalities persist.
WPP takes back holding company award from Omnicom.
French agency group’s moves come ahead of possible stock market float.