Cadillac Leaves Lowe for Publicis
Brand Marketing
Interpublic Group's reeingineering of how its agencies handle Cadillac's creative business was short-lived.
UM Gets a New U.S. President
Brand Marketing
UM has a new head of U.S. operations. Insider Kasha Cacy today succeeds Sarah Personette as U.S. president, as Personette exits following maternity leave to become the head of global business [...]
Elliott Management Takes Significant Stake in IPG
Brand Marketing
Interpublic Group now has a new major shareholder in Elliott Management, which disclosed today that it had amassed nearly a 7 percent stake in the No. 4 holding company.
IPG’s Net Income More Than Tripled in the First Half
Brand Marketing
Interpublic Group's net income more than tripled in the first half of the year, thanks to solid revenue and earnings growth in the second quarter. Second-quarter net income grew 24 percent to $99.4 million, [...]
Jacki Kelley Leaves IPG for Bloomberg Media
Brand Marketing
Jacki Kelley is heading back to the sell side of media. Kelley, the former North American CEO of IPG Mediabrands, a group that includes media buying agencies like UM and [...]
Johnson & Johnson Shifts Media Buying Business to OMD
Brand Marketing
In a significant shift, Johnson & Johnson’s U.S. media buying business is leaving a unit that Interpublic Group created for J&J seven years ago.