Elliott Management Strikes a Deal With IPG on Board Nominees
Brand Marketing
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.
J’Accuse! Marissa Mayer Was Late to the Table, Leaving Ad Execs Miffed at Cannes
Performance Marketing
Marissa Mayer is being accused of a major faux pas—sleeping through a big dinner meeting with advertisers at Cannes. The Yahoo CEO was two hours late to the table last [...]
IPG CEO Michael Roth Defends His Pay
Brand Marketing
Interpublic Group CEO Michael Roth today defended his compensation as mid-tier compared to his competitors.
IPG Grows Revenue but Loses Money in Q1
Brand Marketing
Interpublic Group today reported a net loss of nearly $21 million in the first quarter of the year, despite solid revenue growth of 6 percent.
Net Income Falls at Interpublic
Brand Marketing
Net income fell at Interpublic Group last year—both in the fourth quarter and for the full year—despite revenue gains in each period. Revenue grew 3 percent in Q4 to $2.12 [...]
IPG Q3 Hurt by Europe
Brand Marketing
Interpublic, in a call to investors today, explained its disappointing third-quarter results by explaining challenges in the troubled Eurozone and significant new-business investments at the company year to date.