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Topic: Michael Roth

As Firestorm Grows Around Media Kickbacks, the Industry Launches a New Task Force

4A's and ANA vow to investigate marketers' concerns

It has been called (by 4A's President Nancy Hill, specifically) the ad industry's "elephant in the room." The issue? Allegations of media agencies pocketing discounts on volume media buys and not…

Revenue Grows at IPG, but Company Still Records a Loss

Q1 organic growth approaches 6%

Revenue grew overall and organically at Interpublic Group in the first quarter of 2015, but the company still recorded a net loss. The loss totaled $1.8 million, but that's a vast…

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

Michael Roth earned $13 million in 2014

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…

Matt Seiler Steps Down as Head of IPG Mediabrands

Global COO succeeds him as CEO

Interpublic Group has named a new head of its IPG Mediabrands division, which oversees media agencies such as Initiative and UM. Matt Seiler, the CEO since 2011, is stepping down, effective…

Elliott Management Strikes a Deal With IPG on Board Nominees

Pushing for better margins, succession plans at Interpublic

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. The…

Interpublic's Net Income Nearly Doubled in Q3

Gain comes amid revenue growth of 8%

Interpublic Group's net income nearly doubled in the third quarter, as revenue grew by 8 percent. The holding company ended the quarter with $1.84 billion in revenue and net income of…

Here’s How We Size Up the Potential Bidders for IPG

Elliott Management's stake fuels the chatter

The lull following Elliott Management becoming Interpublic Group’s third-largest shareholder has been filled in recent weeks with swirling rumors about who might buy the No. 4 holding company. The banter persists…

Elliott Management Takes Significant Stake in IPG

Hedge fund now owns 6.7 percent of common shares

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. After months…

IPG's Net Income More Than Tripled in the First Half

Q2 revenue growth helps drive results

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, from…

J'Accuse! Marissa Mayer Was Late to the Table, Leaving Ad Execs Miffed at Cannes

She slept in, report says

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…

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