Omnicom's Wren Made Nearly $3 Mil. in '08

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NEW YORK Omnicom Group CEO John Wren (pictured) received total compensation of $2.95 million last year, including $1 million in salary, according to the company’s annual proxy statement.

The total compensation figure, which also includes stock, a bonus and perquisites, declined 72 percent from $10.39 million in 2007, though Wren’s salary remained the same from year to year, the proxy noted.

Other top executives at the holding company and its major agencies also saw their compensation decline in 2008, when Omnicom’s stock lost 44 percent of its value amid the recession.

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