Publicis Groupe chief's sharp defense of its 'cost of living' bonus for employees comes after Sorrell claimed the payout merely attempted to make up for lost incentives during Covid.
The executive chairman of S4 Capital says macroeconomic headwinds will undeniably have an impact, forcing brands to become more strategic.
The company "maintained momentum" in the third quarter, however, Asia-Pacific affected by China’s zero-Covid policy-driven slowdown remained the slowest growing region for the agency.
Misfiring MediaMonks owner also appoints chief operating officer.
The company’s share price slumped by a third at the end of March after it postponed its annual results twice because PwC, the auditor, could not complete its work.
Financial results have now been published having been postponed twice.
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