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Noreen O'Leary

MDC Founder Miles Nadal Is Paying the Company Back $21 Million

Result of SEC inquiry

Former MDC Partners chief Miles Nadal has already paid the company back $8.6 million and owes an additional $12.7 million in the wake of the SEC inquiry into his expenses,…

Coors Light Wants a New Agency to Help It Regain Market Share

After a failed summer campaign, Cavalry loses the business

MillerCoors is parting ways with Cavalry, putting Coors Light and Coors Banquet into review, sources said. Cavalry, which was formed in 2012 to handle Coors' business, has been in charge of…

McCann Worldgroup Has a New Chief Client Officer

Nannette LaFond-Dufour already oversees L'Oréal

McCann Worldgroup is promoting Nannette LaFond-Dufour, the lead on the company's L'Oreal business, to chief client officer. The Paris-based president of the McCann Beauty Team, who is relocating to Manhattan…

FCB Garfinkel Lands Lincoln Financial Creative Duties

Grey was the other finalist

FCB Garfinkel prevailed in the creative review for Lincoln Financial Group, replacing Gyro which did not defend the business. Lincoln Financial, which last year spent about $25 million in media, narrowed…

Papa John's Highlights Better Ingredients in New Campaign

Showing how the pizza is made

Papa John's is rolling out its first 60-second TV commercial, using the extended messaging time to drive home its long-held commitment to better ingredients. Missing are the usual jocks like…

AKQA Creates Product Director Role to Help Clients Innovate

Entrepreneur Zac Park will bring experimental ideas to market

AKQA has hired Zac Park in the new role of product director, where he'll work with the agency to accelerate clients' connected product and service development programs. The 26-year-old entrepreneur will…

Owed $37 Million, Carat USA Is Relativity Media's Largest Unsecured Creditor

According to bankruptcy filing

Relativity Media's Chapter 11 bankruptcy petition, filed July 30, lists Carat USA as its biggest unsecured creditor, with the agency owed nearly $36.8 million. The Dentsu Aegis network, which won Relativity's business…

Q2 Organic Growth Rises Only 1% at Publicis Groupe

But weak euro boosts revenue, net income

Publicis Groupe continues to reap the benefits of the strengthening dollar and pound sterling, announcing that second-quarter revenue rose 39 percent to $2.7 billion. But a more telling indicator, organic…

If Iran Sanctions Lift, Will Ad Companies Rush In?

Dentsu is already there, WPP and Publicis are in no rush

Sir Martin Sorrell, the WPP chief, has called Iran the last great, untapped market for growing his business. With a potential nuclear deal set to end some embargoes and perhaps…

MDC Founder Miles Nadal Quits Amid SEC Investigation

Additional $2 million in questionable expenses recently identified

Just how bad are the findings of the SEC's investigation of MDC Partners' founder Miles Nadal? That's the question looming over the company after he quit unexpectedly this week, along…

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