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Omnicom Group’s numbers are up; so is it’s executive pay.
According to a proxy statement filed on April 25 by the world’s largest marketing communications holding company, the three CEOs of its major agency networks all received higher pay in salary, bonuses and other compensation in 2004, compared to 2003.
Worldwide net income for 2004 was up 15 percent to $725 million, and revenue was up 13 percent to $9.7 billion.
According to last week’s first-quarter results, 2005 is off to a promising start for Omnicom, which reported an 11 percent profit rise to $150.5
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