Ari Schaefer and Greg Rice were formally announced at an internal town hall meeting in December.
Take a look back at the most-read agency stories of 2020 including agency reactions to the pandemic and George Floyd’s death, 2020 Agency 100 results and more.
The latest forecast from WARC calls for a 10.2% drop in global ad spend in 2020, and the organization says it will take until 2022 to recover to 2019’s level of spend.
The deal adds to Huntsworth’s scale and diversity of capabilities, running head count to 3,000 in 55 offices across nearly 30 countries.
The WPP firm is also building out a D&I team.
Staff below board level will be eligible for bonuses.
Heinrich is a veteran of Edelman’s Chicago office.
VMLY&R in US and Group M in UK increased revenues.
The integrated account encompasses PR, advertising and marketing and runs until 2022, with an option to extend until 2024.
The 28-agency, 7,000-person offering will operate as a global collective under the leadership of CEO Andy Polansky, supported by a core centralized team.
Andrew Schirmer, who co-led Ogilvy Health alongside Cronin, is leaving the network.
Publicis and WPP have already phased out pay cuts.
North America is “holding up well, thanks to a resilient market and growth in health and wellness communications.”
Krakowsky will take the helm effective Jan. 1; Roth to move into executive chairman role.
WPP and Publicis have ended COVID salary cuts.