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Topic: John Wren

Omnicom CFO Randy Weisenburger Exits Controller Philip Angelastro succeeds him

Randy Weisenburger, the well-regarded CFO at Omnicom Group for the past 16 years, is leaving the holding company to go back to his Wall Street roots. He'll be replaced by…

September 22, 2014, 6:58 PM EDT

Omnicom's Net Income Grew 13% in Q2 Revenue growth exceeded Wall Street's expectations

Omnicom Group generated net income of more than $318 million in the second quarter, up 13 percent from the same period last year. Revenue for the quarter grew 6 percent to…

July 22, 2014, 8:04 AM EDT

IPG CEO Michael Roth Defends His Pay Says it's comparable or less than what competitors make

Interpublic Group CEO Michael Roth today defended his compensation as mid-tier compared to his competitors. Roth, speaking at IPG's annual shareholder meeting in New York, received $11.7 million in salary, stock,…

May 22, 2014, 1:18 PM EDT

The Truth Comes Out: Omnicom-Publicis Merger Was Actually a Zany Agency Prank Fred & Farid case study takes full credit

In the weeks since the Omnicom and Publicis Groupe megamerger fell apart, many have been asking why such a problematic union was proposed in the first place. Well now we…

May 22, 2014, 9:28 AM EDT

Fait Accompli: How the Publicis-Omnicom Merger Died As Wren and Lévy lick their wounds, the only winners are the lawyers

It started in February of last year when John Wren visited Publicis Groupe and admired the company’s stunning Champs Élysées view. Maurice Lévy, CEO of the French agency giant, was…

May 9, 2014, 6:23 PM EDT

Omnicom Says Cultural Differences With Publicis Were Significant John Wren acknowledges the complexities of combining big players

Omnicom Group CEO John Wren acknowledged this morning that the corporate differences between his company and Publicis Groupe were greater than he expected, as he explained to industry analysts why…

May 9, 2014, 10:32 AM EDT

Publicis and Omnicom Call Quits on Merger Widely expected in recent weeks

What were they thinking in the first place? Now that Publicis Groupe and Omnicom have called off their $35 billion merger, the differences between the two companies as they attempted to…

May 8, 2014, 8:05 PM EDT

Le Monde Calls Publicis, Omnicom Merger a French Takeover In 'everything but name'

French newspaper Le Monde has now weighed in on the current differences between Paris-based Publicis Groupe and its potential U.S. merger partner Omnicom in an incendiary piece titled “When (Publicis…

April 30, 2014, 1:50 PM EDT

Are Omnicom and Publicis Laying Grounds for a Divorce? Suddenly, merger obstacles are looming large

By raising tax domicile issues related to its megamerger with Publicis Groupe, Omnicom Group has drawn a line in the sand. And in doing so, the American company has only…

April 27, 2014, 8:22 PM EDT

On Q1 Earnings Call, Omnicom's Wren Addresses Merger Concerns Cites tax residency issues

While Omnicom reported first-quarter worldwide revenue rose 3 percent, the real news in the company’s call with investors was its cautious outlook about the merger prospects with Publicis Groupe. Omnicom chief…

April 22, 2014, 10:35 AM EDT

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