October 2020 - Omnicom Group

Marina Maher Communications Strengthens Digital Innovation Practice with Appointment of Top Senior Talent

Posted on October 30, 2020December 9, 2020 by nancy.rojas

NEW YORK, Oct. 30, 2020 /PRNewswire/ –Marina Maher Communications (MMC) announced today the appointment of four senior leaders within their growing Digital Innovation practice of 30+ influencer, social media & analytics and partnership experts who are committed to reshaping the next generation of digitally-led communications. Saveira Singh joins as Executive Director, Digital Innovation and Storytelling; Mike Schaffer joins as Group SVP, Corporate Digital Innovation; Jo Madnani joins as VP, Digital Health and Carolina Ortiz joins as VP, Consumer Digital and Influencer Marketing.

“In today’s world, it’s table stakes to think digital-first,” notes Rema Vasan, Chief Innovation Officer. “The real question is what impactful communications in a digital-first world will look like in one year, two years, and beyond. The answer to that is talent like Saveira, Mike, Jo and Carolina who have a legacy of developing industry-leading capabilities and award-winning work that’s consistently ahead of the curve. We’re thrilled to be infusing our digital innovation practice with this incredible group of powerhouse talent who have chosen to find a home at MMC.”

A PRWeek 40 Under 40 award recipient, Saveira Singh, Executive Director, Digital Innovation and Storytelling, joins MMC with 20+ years of integrated experience across advertising, digital, social strategy and analytics married with a strong track record of tying influence to business impact. She previously served as SVP at MSL, where she launched the Digital Strategy practice and elevated brand storytelling across several brands, including Pampers, Always, Bounty, Smuckers and Invisalign. In addition, she launched innovations such as a model that assesses the impact of influence across search, social, eComm, media and predictive risk assessment/ingredient transparency analysis. An early adopter of data science, social analytics and performance optimizations, Singh will serve as a senior digital partner to the agency’s Fortune 200 clients. She will spearhead digitally-led campaigns, as well as content and innovations, by driving breakthrough thinking on platforms and technologies with relevant trends and insights.

An industry trailblazer, Mike Schaffer, Group SVP, Corporate Digital Innovation, comes to MMC with an extraordinary track record of shaping the future of digital communications and marketing for clients across sectors and regulated industries. His visionary outlook has driven forward multiple breakthrough innovations across corporate reputation, executive positioning, employee experience and talent acquisition. Most recently, he developed a CommsTech offering that addresses business challenges through the application of technology designed to increase effectiveness, boost efficiency, and measure internal and external communications against business goals. Schaffer has a strong legacy of leading innovation at the intersection of corporate communications and digital strategy, including the past seven years at Edelman as SVP, Digital + Corporate, where he spearheaded key digital initiatives for CVS Health, GSK, Pfizer, HP and Microsoft.

Award-winning advertising and digital healthcare communications specialist Jo Madnani, VP, Digital Health, has 15+ years of integrated experience working with global brands and healthcare companies such as Novartis and Eisai. Balancing strategic and creative expertise, Madnani has consistently applied entrepreneurial growth-driving strategies to drive impact in an ever-changing technological landscape. At MMC, she will leverage her deep expertise in social strategy and integrated marketing to develop, drive and execute results-driven digital communications strategy for the agency’s healthcare clients.

Influencer marketing and social media veteran Carolina Ortiz, VP Consumer Digital and Influencer Marketing, brings to MMC over a decade of experience, fueled by an outstanding track record for breaking the mold with unexpected social media integrations, end-to-end influencer marketing programs, as well as paid, owned and earned digital channel distribution. With an impressive track record of establishing business-driving social strategy for CPG brands such as Nivea, Eucerin and Dior Cosmetics & Fragrances, Ortiz will drive forward impactful digitally-led programming for the agency’s Fortune 200 consumer clients.

About Marina Maher Communications (MMC)
Marina Maher Communications is an integrated marketing and communications agency, encompassing MMC and RXMOSAIC. The firm was built by strategic innovators who leverage the power of influence to grow and protect brands. We are a collaborative group of creatives with a bias toward action and a passion for client service that fuels us forward. Our data and tech stack unlock deep audience understanding and is combined with our unique ability to leverage culture, thereby creating powerful communications solutions that drive business results. Digitally driven, we are ahead of the curve in defining the next generation of communications, making MMC one of the most recognized and sought-after communications agencies across consumer, corporate and healthcare.

To learn more, please visit: HelloMMC.com. MMC is a part of the Omnicom Public Relations Group.

About Omnicom Public Relations Group
Omnicom Public Relations Group is a global collective of three of the top global public relations agencies worldwide and specialist agencies in areas including public affairs, marketing to women, global health strategy and corporate social responsibility. It encompasses more than 6,300 public relations professionals in more than 370 offices worldwide who provide their expertise to companies, government agencies, NGOs and nonprofits across a wide range of industries. Omnicom Public Relations Group delivers for clients through a relentless focus on talent, continuous pursuit of innovation and a culture steeped in collaboration. Omnicom Public Relations Group is part of the DAS Group of Companies, a division of Omnicom Group Inc. (NYSE: OMC) that includes more than 200 companies in a wide range of marketing disciplines including advertising, public relations, healthcare, customer relationship management, events, promotional marketing, branding and research.

Media Contacts:
Ashley Makuh
[email protected]
212-485-1678

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SOURCE Marina Maher Communications

Omnicom Group Reports Third Quarter and Year-to-Date 2020 Results

Posted on October 27, 2020January 4, 2021 by Revanth Ravish

NEW YORK, Oct. 27, 2020 — Omnicom Group Inc. (NYSE: OMC) today announced net income – Omnicom Group Inc. for the third quarter of 2020 of $313.3 million compared to net income – Omnicom Group Inc. of $290.2 million in the third quarter of 2019. Diluted net income per share for the third quarter of 2020 was $1.45 per share compared to diluted net income per share of $1.32 for the third quarter of 2019.

Net income – Omnicom Group Inc. and diluted net income per share – Omnicom Group Inc. in the third quarter of 2020 included a net after-tax increase of $52.3 million and $0.24 per share, respectively, related to reimbursements and tax credits under government programs in several countries where we have operations, as discussed further below.

Primarily due to the negative effects on our revenue arising from the coronavirus disease 2019 (“COVID-19”) pandemic, Omnicom’s worldwide revenue in the third quarter of 2020 decreased 11.5% to $3,206.5 million from $3,623.8 million in the third quarter of 2019. The components of the change in revenue included an increase in revenue from the positive impact of foreign currency translation of 0.5%, a decrease in acquisition revenue, net of disposition revenue of 0.3% and a decrease in revenue from negative organic growth of 11.7% when compared to the third quarter of 2019.

Organic growth in the third quarter of 2020 as compared to the third quarter of 2019 in our five fundamental disciplines was as follows: Advertising decreased 11.7%, CRM Consumer Experience decreased 19.3%, CRM Execution & Support decreased 19.4%, Public Relations decreased 3.4% and Healthcare increased 3.8%.

Across our regional markets, organic growth in the third quarter of 2020 as compared to the third quarter of 2019 was as follows: the United States decreased 11.4%, Other North America decreased 7.6%, the United Kingdom decreased 12.5%, the Euro Markets & Other Europe decreased 9.6%, Asia Pacific decreased 12.8%, Latin America decreased 22.3% and the Middle East & Africa decreased 21.4%.

Operating profit increased $28.1 million, or 5.9%, to $501.4 million compared to $473.3 million during the third quarter of 2019. Our operating margin for the third quarter of 2020 increased to 15.6% versus 13.1% for the third quarter of 2019.

Salary and related service costs for the third quarter of 2020 includes the reduction in operating expenses related to reimbursements and tax credits under government programs in several countries where we have operations, including the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) in the U.S., the Kurzarbeit program in Germany, and other programs in the U.K., France, Canada and other jurisdictions. The impact of these items reduced salary and related service costs and increased operating profit by $68.7 million in the third quarter of 2020.

For the third quarter of 2020, our effective income tax rate increased period-over-period to 26.7% from 26.5%.

Year-to-Date

Net income – Omnicom Group Inc. for the nine months ended September 30, 2020 decreased $376.8 million to $547.3 million compared to $924.1 million in the same period in 2019. Diluted net income per share – Omnicom Group Inc. for the nine months ended September 30, 2020 decreased $1.64 to $2.53 per share compared to $4.17 per share for the nine months ended September 30, 2019.

Net income – Omnicom Group Inc. and diluted net income per share – Omnicom Group Inc. for the nine months ended September 30, 2020 included a net after-tax decrease of $133.9 million and $0.62 per share, respectively, as a result of repositioning costs and a net loss on dispositions during the second quarter of 2020 as well as the credit related to reimbursements and tax credits under government programs in several countries where we have operations, as discussed further below.

Primarily due to the negative effects on our revenue arising from the COVID-19 pandemic in the second and third quarters of 2020, worldwide revenue for the nine months ended September 30, 2020 decreased 12.9% to $9,414.1 million from $10,812.5 million in the same period of 2019. The components of the change in revenue included a decrease in revenue from the negative impact of foreign currency translation of 0.9%, a decrease in acquisition revenue, net of disposition revenue of 0.4% and a decrease in revenue from negative organic growth of 11.7% when compared to the same period of 2019.

Organic growth for the nine months ended September 30, 2020 compared to the same period in 2019 in our five fundamental disciplines was as follows: Advertising decreased 13.2%, CRM Consumer Experience decreased 15.8%, CRM Execution & Support decreased 15.6%, Public Relations decreased 5.8% and Healthcare increased 5.3%.

Across our regional markets, organic growth for the nine months ended September 30, 2020 as compared to the same period of 2019 was as follows: the United States decreased 10.3%, Other North America decreased 12.7%, the United Kingdom decreased 11.1%, the Euro Markets & Other Europe decreased 14.4%, Asia Pacific decreased 10.2%, Latin America decreased 17.5% and the Middle East & Africa decreased 29.7%.

Operating profit decreased $491.8 million, or 33.3%, to $984.1 million from $1,475.9 million for the nine months ended September 30, 2019. Our operating margin for the nine months ended September 30, 2020 decreased to 10.5% versus 13.6% for the same period of 2019.

Operating profit for the nine months ended September 30, 2020 includes a net decrease aggregating $160.1 million due to repositioning costs recorded during the second quarter of 2020, comprised of incremental severance charges, right-of-use asset impairments and other real estate costs of $252.8 million, and a net loss on the disposition of certain subsidiaries and other charges of $25.1 million, partially offset by reimbursements and tax credits under government programs in several countries where we have operations, including the CARES Act in the U.S., the Kurzarbeit program in Germany, and other programs in the U.K., France, Canada and other jurisdictions, which reduced salary and related service costs by $117.8 million.

Our effective tax rate for the nine months ended September 30, 2020 increased period-over-period to 28.5% from 26.0%. The non-deductibility in certain jurisdictions of a portion of the repositioning costs and net loss on dispositions recorded in the second quarter of 2020 had the effect of increasing our effective tax rate for the nine months ended September 30, 2020 from 26.6% to 28.5%. In addition, in the same period of 2019, income tax expense was reduced by $10.8 million, primarily from the net favorable settlements of uncertain tax positions in certain jurisdictions. As a result, our effective rate for the nine months ended September 30, 2020 would have approximated the rate in the same period in 2019 after considering these items.

COVID-19 Business Update

The COVID-19 pandemic has significantly impacted the global economy, our business and the results of operations. Public health efforts to mitigate the impact of the pandemic include government actions such as travel restrictions, limitations on public gatherings, shelter in place orders and mandatory closures. These actions have negatively impacted many of our clients’ businesses and in turn clients have reduced or plan to reduce their demand for our services. As a result, we experienced a reduction in our revenue beginning late in the first quarter of 2020, as compared to the same period in 2019. The reduction in our revenue continued during the second and third quarters of 2020 and is expected to continue for the remainder of the year. Such reductions in revenue could adversely impact our ongoing results of operations and financial position and the effects could be material.

While we expect the pandemic to affect substantially all of our clients, certain industry sectors have been affected more immediately and more significantly than others, including travel, lodging and entertainment, energy and oil and gas, non-essential retail and automotive. Clients in these industries have already acted to cut costs, including postponing or reducing marketing communication expenditures. While certain industries such as healthcare and pharmaceuticals, technology and telecommunications, financial services and consumer products have fared relatively well to date, conditions are volatile and economic uncertainty cuts across all clients, industries and geographies. Overall, while we have a diversified portfolio of service offerings, clients and geographies, demand for our services can be expected to decline as marketers reduce expenditures in the short term due to the uncertain impact of the pandemic on the global economy. During the second quarter of 2020, we realigned our agencies’ cost structures, which included severance actions and furloughs to reduce the workforce, right-of-use asset impairments and other real estate costs, a net loss on the disposition of certain subsidiaries and other charges. These actions were taken to tailor their services and capabilities to changes in client demand.

As we previously reported, during the first half of 2020, we took numerous proactive steps to strengthen our liquidity and financial position that we expect will help mitigate the potential impacts of COVID-19, including:

The amendment and extension of our $2.5 billion credit facility to February 2025,
The suspension of our share repurchase program,
The issuance in February of $600 million 10-year 2.45% Senior Notes, which were used to finance the early redemption of the remaining $600 million of 4.45% Senior Notes that were due in August 2020,
The issuance in early April of an additional $600 million 10-year 4.20% Senior Notes, and
The completion in early April, of a $400 million 364-day revolving credit facility, which is in addition to our existing $2.5 billion revolving credit facility that expires in February 2025.

We have no long-term debt maturing until May 2022.

Definitions – Components of Revenue Change

We use certain terms in describing the components of the change in revenue above.

Foreign exchange rate impact: calculated by translating the current period’s local currency revenue using the prior period average exchange rates to derive current period constant currency revenue. The foreign exchange rate impact is the difference between the current period revenue in U.S. Dollars and the current period constant currency revenue.

Acquisition revenue, net of disposition revenue: Acquisition revenue is calculated as if the acquisition occurred twelve months prior to the acquisition date by aggregating the comparable prior period revenue of acquisitions through the acquisition date. As a result, acquisition revenue excludes the positive or negative difference between our current period revenue subsequent to the acquisition date and the comparable prior period revenue and the positive or negative growth after the acquisition date is attributed to organic growth. Disposition revenue is calculated as if the disposition occurred twelve months prior to the disposition date by aggregating the comparable prior period revenue of disposals through the disposition date. The acquisition revenue and disposition revenue amounts are netted in the description above.

Organic growth: calculated by subtracting the foreign exchange rate impact component and the acquisition revenue, net of disposition revenue component from total revenue growth.

Forward-looking Statements

Certain statements in this press release related to the potential impact of the COVID-19 outbreak constitute forward-looking statements, including statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may discuss goals, intentions and expectations as to future plans, trends, events, results of operations or financial condition, or otherwise, based on current beliefs of the Company’s management as well as assumptions made by, and information currently available to, the Company’s management. Forward-looking statements may be accompanied by words such as “aim,” “anticipate,” “believe,” “plan,” “could,” “should,” “would,” “estimate,” “expect,” “forecast,” “future,” “guidance,” “intend,” “may,” “will,” “possible,” “potential,” “predict,” “project” or similar words, phrases or expressions.

Forward-looking statements are subject to various risks and uncertainties, many of which are outside the Company’s control. Therefore, you should not place undue reliance on such statements. You should carefully consider this and the other risks and uncertainties that may affect the Company’s business, including those described in Item 1A, “Risk Factors” and Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the year ended December 31, 2019 and other documents filed from time to time with the Securities and Exchange Commission. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements.

Conference Call

Omnicom will host a conference call to review the third quarter financial results on Tuesday, October 27, 2020 at 8:15 a.m. EDT. Participants can listen to the conference call by dialing (844) 291-5490 (domestic) or (409) 207-6993 (international), along with access code 5158965. The call will also be simulcast and archived on our website at: https://investor.omnicomgroup.com/investor-relations/news-events-and-filings.

About Omnicom Group Inc.

Omnicom Group Inc. (NYSE: OMC) (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 70 countries. Follow us on Twitter for the latest news.

Omnicom Group Inc.
Consolidated Statements of Income
Three Months Ended September 30
(Unaudited)
(Dollars in Millions, Except Per Share Data)

	2020 ^(a)		2019

Revenue	$	3,206.5	$	3,623.8
Operating Expenses:
Salary and service costs	2,287.1		2,704.7
Occupancy and other costs	273.1		290.7
Costs of services	2,560.2		2,995.4
Selling, general and administrative expenses	90.2		97.2
Depreciation and amortization	54.7		57.9
	2,705.1		3,150.5
Operating Profit	501.4		473.3
Interest Expense	54.4		62.8
Interest Income	5.9		13.5
Income Before Income Taxes	452.9		424.0
Income Tax Expense	120.9		112.3
Income From Equity Method Investments	2.9		0.5
Net Income	334.9		312.2
Net Income Attributed To Noncontrolling Interests	21.6		22.0
Net Income – Omnicom Group Inc.	$	313.3	$	290.2

Net Income Per Share – Omnicom Group Inc.
Basic	$	1.45	$	1.33
Diluted	$	1.45	$	1.32

Weighted average shares (in millions)
Basic	215.4		218.2
Diluted	215.8		219.4

Dividends Declared Per Common Share	$	0.65	$	0.65

(a)

Salary and related service costs for the third quarter of 2020 includes the reduction in operating expenses related to reimbursements and tax credits under government programs in several countries where we have operations, including the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) in the U.S., the Kurzarbeit program in Germany, and other programs in the U.K., France, Canada and other jurisdictions. The impact of these items reduced salary and related service costs and increased Operating Profit by $68.7 million, Net Income – Omnicom Group Inc. by $52.3 million and diluted net income per share – Omnicom Group Inc. by $0.24 for the three months ended September 30, 2020.

Omnicom Group Inc.
Consolidated Statements of Income
Nine Months Ended September 30
(Unaudited)
(Dollars in Millions, Except Per Share Data)

	2020 ^{(a) (b)}		2019

Revenue	$	9,414.1	$	10,812.5
Operating Expenses:
Salary and service costs	6,851.5		7,937.5
Occupancy and other costs	872.6		915.4
Repositioning costs and net loss on dispositions	277.9		—
Costs of services	8,002.0		8,852.9
Selling, general and administrative expenses	259.2		308.4
Depreciation and amortization	168.8		175.3
	8,430.0		9,336.6
Operating Profit	984.1		1,475.9
Interest Expense	166.6		192.4
Interest Income	25.1		46.9
Income Before Income Taxes	842.6		1,330.4
Income Tax Expense	240.2		345.5
Income (Loss) From Equity Method Investments	(10.1)		1.2
Net Income	592.3		986.1
Net Income Attributed To Noncontrolling Interests	45.0		62.0
Net Income – Omnicom Group Inc.	$	547.3	$	924.1

Net Income Per Share – Omnicom Group Inc.
Basic	$	2.54	$	4.19
Diluted	$	2.53	$	4.17

Weighted average shares (in millions)
Basic	215.6		220.3
Diluted	216.2		221.5

Dividends Declared Per Common Share	$	1.95	$	1.95


(a)	During the second quarter of 2020, we recorded expenses for certain repositioning actions related to the realignment of our businesses in reaction to the COVID-19 pandemic and recorded a net loss on the disposition of certain subsidiaries. The impact of these items decreased Operating Profit by $277.9 million, Net Income – Omnicom Group Inc. by $223.1 million and diluted net income per share – Omnicom Group Inc. by $1.03 for the nine months ended September 30, 2020.
(b)	Salary and related service costs include the reduction in operating expenses related to reimbursements and tax credits under government programs in several countries where we have operations, including the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) in the U.S., the Kurzarbeit program in Germany, and other programs in the U.K., France, Canada and other jurisdictions. The impact of these items reduced salary and related service costs and increased Operating Profit by $117.8 million, Net Income – Omnicom Group Inc. by $89.2 million and diluted net income per share – Omnicom Group Inc. by $0.41 for the nine months ended September 30, 2020.

Omnicom Group Inc.
Detail of Operating Expenses
Three Months Ended September 30
(Unaudited)

	2020		2019

Operating Expenses:
Salary and service costs
Salary and related service costs	$	1,501.1	$	1,724.5
Third-party service costs	786.0		980.2
Occupancy and other costs	273.1		290.7
Costs of services	2,560.2		2,995.4
Selling, general and administrative expenses	90.2		97.2
Depreciation and amortization	54.7		57.9
Total Operating Expenses	$	2,705.1	$	3,150.5

Omnicom Group Inc.
Detail of Operating Expenses
Nine Months Ended September 30
(Unaudited)

	2020		2019

Operating Expenses:
Salary and service costs
Salary and related service costs	$	4,568.2	$	5,050.7
Third-party service costs	2,283.3		2,886.8
Occupancy and other costs	872.6		915.4
Repositioning costs and net loss on dispositions	277.9		—
Costs of services	8,002.0		8,852.9
Selling, general and administrative expenses	259.2		308.4
Depreciation and amortization	168.8		175.3
Total Operating Expenses	$	8,430.0	$	9,336.6

Omnicom Group Inc.
Impact of Repositioning Actions, Net Loss on Dispositions and Government Wage Programs
Three and Nine Months Ended September 30, 2020
(Unaudited)
(Dollars in Millions)

	Three Months ended September 30, 2020				Nine Months ended September 30, 2020
	Gov’t Wage Programs		Total		Severance Actions		Real Estate Actions		Other		Total

Operating Expenses ^{(a) (b)}:
Salary and service costs
Salary and related service costs	$	(68.7)	$	(68.7)	$	—	$	—	$	(117.8)	$	(117.8)
Third-party costs	—		—		—		—		—		—
Occupancy and other costs	—		—		—		—		—		—
Repositioning costs and net loss on dispositions	—		—		150.0		102.8		25.1		277.9
Costs of services	(68.7)		(68.7)		150.0		102.8		(92.7)		160.1
Selling, general and administrative expenses	—		—		—		—		—		—
Depreciation and amortization	—		—		—		—		—		—
Operating Expenses	$	(68.7)	$	(68.7)	$	150.0	$	102.8	$	(92.7)	$	160.1

(a)

The above table identifies the pre-tax impact of certain repositioning actions related to the realignment of our businesses in reaction to the COVID-19 pandemic and recorded a net loss on the disposition of certain subsidiaries of $277.9 million.

(b)

Additionally, salary and related service costs for the third quarter of 2020 and the year to date 2020 periods include the reduction in operating expenses related to reimbursements and tax credits under government programs in several countries where we have operations. The impact of these items reduced salary and related service costs and increased operating profit by $68.7 million and $117.8 million for the three and nine months ended September 30, 2020, respectively.

Omnicom Health Group names Gena M. Pemberton VP, Director of Diversity, Equity, and Inclusion

Posted on October 26, 2020December 10, 2020 by Revanth Ravish

The new role will build on the company’s efforts to diversify and grow healthcare talent

NEW YORK, Oct. 26, 2020 /PRNewswire/ — Omnicom Health Group (OHG) announced the addition of Gena M. Pemberton to its leadership team as the Group’s VP, Director of Diversity, Equity, and Inclusion. She joins a network of healthcare communications professionals committed to creating an inclusive, supportive work environment where all employees are valued, accepted and have equal access to rewarding career opportunities and growth.

Pemberton will lead the implementation of Omnicom’s OPEN 2.0 action plan and OHG’s ongoing effort to aggressively increase diversity across all employee levels, partnering with OHG’s agency leaders, Talent Resource Groups (including the Black Collective and OHG Voices) and Talent Acquisition Group to achieve this goal. Pemberton will report to Carolyn Bartholdson, Chief Human Resources Officer of Omnicom Health Group.

“I’m thrilled to be joining OHG, and to bring my passions for diversity, healthcare, and communications together in order to make OHG an even more inclusive professional community,” said Pemberton. “I love OHG’s commitment to being the ‘Best of Health,’ and I look forward to helping us become the best in terms of diversity.”

Pemberton brings more than 20 years of corporate talent experience to her new role at OHG from previous positions at Johnson & Johnson and Motorola. “Gina’s direct experience in Diversity, Equity and Inclusion—combined with her recruiting and finance experience—make her a uniquely qualified practitioner who can help us make real change happen,” noted Ed Wise, CEO of Omnicom Health Group.

Over the past 13 years at Johnson & Johnson, Pemberton helped develop several initiatives to support the recruitment and development of diverse talent. Her work led to a 25% increase in diverse hires, a novel training program designed to remove bias during candidate selection, and the establishment of the Finance African Ancestry Leadership Council, a Johnson & Johnson employee resource group.

Most recently, she has served as a Senior DEI Consultant at the Alliance for Inclusive Multicultural Marketing (AIMM), a program led by the Association of National Advertisers (ANA). She is also a dedicated volunteer and is currently serving as the President for the National Hampton Alumni Association, Inc. Pemberton earned a Bachelor of Science in Accounting from Hampton University, an MBA from University of Phoenix, and a Diversity and Inclusion Certificate from Cornell University.

About Omnicom Health Group

Omnicom Health Group (www.omnicomhealthgroup.com) is a global collective of communications companies with more than 4,600 dedicated healthcare communications specialists. It provides marketing services to the health and life-science industries through a combination of specialized agencies, customized client solutions, and collaborations with other Omnicom network agencies. Organized around four customer groups—healthcare professionals, patients, payers, and medical, evidence, and regulatory stakeholders—Omnicom Health Group serves more than 150 clients in over 55 offices worldwide. Omnicom Health Group believes it brings the best talent to the work it does by amplifying underrepresented voices, actively providing platforms for connection and development, and pursuing diverse representation in its talent pipeline.

About Omnicom Group Inc.

Omnicom Group (NYSE: OMC) (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations, and other specialty communications services to over 5,000 clients in more than 70 countries. Follow us on Twitter for the latest news.

SOURCE Omnicom Health Group

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https://www.omnicomhealthgroup.com

Omnicom at Lions Live 2020

Posted on October 19, 2020December 10, 2020 by nancy.rojas

Omnicom Group Announces Departure of Tiffany R. Warren, SVP & Chief Diversity Officer

Posted on October 14, 2020December 10, 2020 by Revanth Ravish

NEW YORK, Oct. 14, 2020 /PRNewswire/ — Omnicom Group (NYSE: OMC) today announced that Tiffany R. Warren, SVP & Chief Diversity Officer, will be leaving the company at the end of October to take up a leadership position at Sony Music Group. A search for a new Chief Diversity Officer is currently being conducted.

“Over a decade ago, Tiffany joined Omnicom in a newly established role that was one of the first in our industry, and since that time, she has demonstrated an unwavering passion and dedication to diversity, equity and inclusion that has underpinned our own core values,” said John Wren, Chairman and Chief Executive Officer, Omnicom Group. “Under Tiffany’s leadership, we’ve made notable gains in recruiting, retaining and developing a diverse workforce across the group and have accelerated our momentum in doing more to advance systemic equity. We thank Tiffany for her many contributions across Omnicom, especially the establishment of the OPEN Leadership Team, and we wish her well in her new role at Sony.”

“Goodbyes are hard when you love what you are leaving, but it is time,” said Tiffany R. Warren. “Through the innovative work of the remarkable members of the OPEN Leadership Team, Omnicom is strongly positioned to continue leading and innovating in the areas of diversity, equity and inclusion. I am confident of the progress that will be made throughout Omnicom’s networks as OPEN 2.0 continues to guide its DE&I work, including new internal initiatives, client best practices, industry collaboration and work with social justice organizations.”

Tiffany R. Warren joined Omnicom Group in January of 2009. During her time as Chief Diversity Officer, Warren enhanced Omnicom’s vision to be a world class, benchmark company for sustainable diversity, equity and inclusion. As the head of the OPEN Leadership Team, she grew the group to include 25 Diversity Champions across Omnicom’s agencies and networks and has assisted with Omnicom-wide change efforts to advance and retain diverse talent. OPEN 2.0, which was recently created under Warren’s leadership, will continue to be implemented throughout Omnicom following her departure.

About Omnicom Group Inc.
Omnicom Group (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 70 countries. Follow us on Twitter for the latest news.

SOURCE Omnicom Group Inc.

Related Links

https://www.omnicomgroup.com