Havas Paid Former Chief David Jones $13.5 Million Last Year

Total included $7 million in severance

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David Jones, the former global CEO of Havas and its namesake ad agency, received $13.5 million in compensation last year, which included $7 million in severance, according to the company’s newly issued annual report.

As CEO of the holding company, Jones was replaced last August by Yannick Bolloré, son of Havas’s controlling shareholder Vincent Bolloré. Jones had held that role since 2011.

Then in January, Jones left the company after being removed from his job as CEO of ad agency Havas Worldwide, with global co-president Andrew Benett assuming that job.

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