After Its Financial Interventions Commercials, KeyBank Picks a New Agency

Following a review, independent agency The Richards Group in Dallas has won creative, media and digital duties for KeyBank.

Q2 Organic Growth Rises Only 1% at Publicis Groupe

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.

After Working With the Same Agency Since 1981, American Airlines Launches Global Review

American Airlines' global creative and media accounts are up for review as the marketer prepares to retire the US Airways brand after acquiring the rival carrier.

Interpublic’s CEO Stands to Get $42 Million if the Holding Company Changes Hands

Interpublic chief Michael Roth stands to gain nearly $42 million should there be a change in control at the holding company, according to the company's newly released annual meeting proxy statement. Of that amount, $12.6 million would reflect severance and $13.5 million in performance shares.

24 Hours in Advertising: Wednesday, March 4, 2015

Here's everything you need to know about the last 24 hours in advertising, in case you blinked. Buzzing on Adweek:

Elliott Management Strikes a Deal With IPG on Board Nominees

Interpublic reached an agreement with activist investor Elliott Management: The agency holding company is nominating three new board members and creating a new finance committee to focus on margin expansion.

Papa John’s Picks a New Agency to Help It Go Global

Initiative has landed Papa John's International's media business, replacing Zimmerman Advertising, Fort Lauderdale, on an account that spends about $130 million in measured media. The New York shop is charged with handling media planning and buying as well as digital and social efforts.

Are Ad Agencies the Next Target for Sears Holdings’ Cost-Cutting?

Sears Holdings has contacted ad holding companies about handling all marketing communications for Sears and Kmart, sources said. Collectively, those brands spent $560 million in media last year—the majority of which ($350 million) went toward Sears, according to Kantar Media. Kmart's spending totaled $210 million.

Office Depot Selects New Agencies

McCann Erickson and fellow Interpublic Group shop UM have won Office Depot’s creative and media accounts, respectively, after a review that began in the summer.

UM’s U.S. Strategy Chief Moves to PHD

Will Wiseman, the head of U.S. strategy at Interpublic's UM, is joining PHD in the new role of president of strategic communications.