When Grey was first listed on the Nasdaq, in August 1971, it traded at around $5 a share, says Ed Meyer, who has been the company’s president, chairman and CEO since that time. When Meyer, 78, rang the closing bell last Monday to officially and forever delist Grey (now part of WPP Group) from the exchange, it closed at $1,005.06. Some 30 top-level Grey execs crowded around a beaming Meyer and his wife, Sandy, and cheered for 30 full seconds to the countdown of the close. At a small reception beforehand, Mrs. Meyer said, “I’m thrilled for Ed. He’s worked very hard since we were married—48 years—and he deserves it.” Meyer, who netted about $430 million from the WPP deal, said: “I feel good in a quiet, humble way. Progress was made. Sure, I feel sad in a sense, but I’m someone who always looks to the future. Life goes in stages. This is another stage.” … Dan Klores and Ron Berger’s Ring of Fire: The Emile Griffith Story will air commercial-free on USA on April 20. The film, which premiered at Sundance, documents the story of the 1962 boxing match in which Emile Griffith beat Benny “Kid” Paret unconscious on national TV. Paret later died. … San Francisco Mayor Gavin Newsom (shown here), Yahoo!’s Dan Rosensweig and OgilvyOne’s Carla Hendra are expected Monday night at a party celebrating the opening of a new OgilvyOne outpost there. We hear there’ll be karaoke; there’s no word on whether Newsom will attempt 50 Cent’s “Nobody Likes Me but That’s OK.” … In his One Club lecture Thursday at New York’s Fashion Institute of Technology, 180 chairman Alex Melvin instructed the audience on the proper way to pronounce Adidas (accent on the first syllable) and advised them, should they ever have to ask rugby players to douse themselves in paint and tackle a canvas (as 180 did for an Adidas campaign), to be sure that the showers booked for clean-up have hot water, not just cold.
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