TBWA Prepares For New Era

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–While every agency has its own culture and cast of characters, the story of Michael Greenlees’ dismissal from TBWA could serve as a cautionary tale for most any CEO.

At first glance, the move by Omnicom CEO John Wren to remove Greenlees as CEO of TBWA Worldwide last Tuesday seemed straightforward. Greenlees’ track record for winning new global business–one of his mandates–was spotty. And Omnicom appeared to take a proactive approach in trimming a high-level salary as the market braces for more bad economic news.

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