IPG CEO Michael Roth Says Q2 Earnings Hit ‘Not as Severe’ as Predicted

Even so, the holding company is shedding office space and staff to cut costs

IPG CEO Michael Roth said company's second quarter "bears the imprint of the pandemic and its economic impact." Getty Images

On IPG’s second quarter earnings call today, CEO Michael Roth said that while Covid-19 has impacted its various businesses differently, the holding company has navigated the virus better than expected.

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@Minda_Smiley minda.smiley@adweek.com Minda Smiley is deputy Agencies editor at Adweek.
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