IPG Bucks Incumbent Odds in Winning $170 Mil. Prize

Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.

New YORK — The Interpublic Group came from behind last week to beat Omnicom Group for Bank of America’s $170 million consumer and affluent-market account, triumphing in a review that almost no one expected IPG to win-including its own management.

“Even we thought this account was as good as gone,” said one executive involved in the two-month holding-company shootout.

In the past year, Bozell, the incumbent, saw Omnicom shops encroach on its BofA business. Omnicom’s Doremus, Arnell Group and BBDO picked up responsibilities on b-to-b, brand-identity and a new assignment, respectively.

Although





AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in