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NEW YORK Interpublic Group of Companies, in Securities and Exchange Commission proxy materials related to the company’s May 20 annual meeting, said it will ask shareholders to approve an increase in common shares to 800 million, from 550 million.
In addition, the filing showed that John Dooner, who stepped down as IPG’s CEO Feb. 27, took home a cash salary of $1.25 million last year. He didn’t collect a bonus unlike in 2001 where he pocketed $500,000.
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