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When Grey was first listed on the Nasdaq, in August 1971, it traded at around $5 a share, says Ed Meyer, who has been the company’s president, chairman and CEO since that time. When Meyer, 78, rang the closing bell last Monday to officially and forever delist Grey (now part of WPP Group) from the exchange, it closed at $1,005.06. Some 30 top-level Grey execs crowded around a beaming Meyer and his wife, Sandy, and cheered for 30 full seconds to the countdown of the close.
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