Pharma giant's media is handled by Starcom in many markets.
FMCG giant's CEO was talking during Q1 results call.
The teams will be based in four regional hubs: in London, New York, Singapore and Miami.
Weed, who becomes the first marketer to take the newly created prize, was voted for by 36% of the 6,000-strong public vote across the marketing industry.
Steve Easterbrook, McDonald's newly-appointed chief executive officer, has said he wants to restructure and overhaul the business and will not "shy away from the urgent need to reset" the group.
MALAYSIA - Tragedy-struck Malaysia Airlines faces a business restructure that could have the carrier renamed, with Malaysia state-run investment firm Khazanah Nasional announcing it wants to buy the shares and delist the firm from the stock market.
GLOBAL - WPP Digital is investing US$5 million in Buddy Media, a Facebook management system used by some of the world's leading brands.
GLOBAL - Google has added location-based functionality to its core search engine to present consumers with a list of results and mapping relating specifically to their locality.
GLOBAL - YouTube co-founder Chad Hurley has resigned as chief executive of the video-sharing site but said he will continue to work for the company in an advisory capacity.
GLOBAL - News Corporation is making a last-ditch attempt to turn around the ailing fortunes of social media site MySpace with another revamp of the site.
GLOBAL - Sir Martin Sorrell has revealed WPP's best quarterly organic revenue growth for a decade with sales returning to the levels enjoyed in 2008, despite the group having 8 per cent fewer people.
GLOBAL - Google could receive a heavy fine for flouting privacy laws after it admitted on Friday to collecting people's private data, including email addresses and passwords.
GLOBAL - Apple chief Steve Jobs used yesterday's quarterly results to launch a tirade against PC manufacturers' plans to launch tablet computers, and the Google Android software that powers many of them.
WELLINGTON - A New Zealand ad proclaiming that 'there's probably no God' attracted just one complaint, several months after a similar campaign became the sixth-most complained about ad in the UK in 2009.
GLOBAL - Facebook's vice-president of global sales Mike Murphy has said that it more than quadrupled the number of its advertiser clients since the start of 2009 and claimed it has become "absolutely core to marketing campaigns".
GLOBAL - Facebook founder Mark Zuckerberg has responded to the barrage of criticism the site has received over its use of members' personal data, with a series of changes to privacy settings on the social media site.