Amanda Granath, Author at Omnicom Group

Omnicom Group Named Holding Company of the Year on Ad Age’s 2023 A-List

Posted on March 13, 2023March 13, 2023 by Amanda Granath

Omnicom was named Ad Age's Holding Company of the Year for the 2023 A-List and Creativity Awards. — Omnicom was named Ad Age’s Holding Company of the Year for the 2023 A-List and Creativity Awards.

NEW YORK, March 13, 2023 /PRNewswire/ — Omnicom Group Inc. (NYSE: OMC) today announced it has been named Ad Age‘s Holding Company of the Year for the publication’s 2023 A-List and Creativity Awards.

Omnicom was recognized for achieving industry leading organic growth; winning some of the year’s biggest new business pitches (Mercedes, L’Oréal, Restaurant Brands International, and more); strengthening its Omni operating system; progressing on DEI efforts; investing in its talent; refining its portfolio; and producing ground-breaking work.

“This win is a testament to the incredible talent housed within our strong agency brands and specialized practice areas,” said John Wren, Chairman and CEO of Omnicom Group. “Our people across the globe service our clients with unparalleled comradery and innovation, a key reason both new and existing clients trust us with transforming their businesses. We’re proud to see our teams’ efforts and our operational enhancements recognized at such a high level.”

The coveted Ad Age A-List & Creativity Awards honor the forward-thinking leaders, top agencies and creative innovators in the industry today. Only in its second year, the Holding Company of the Year category recognizes a single company that has a standout year based on factors such as financial performance, business wins, company culture, creative prowess and more.

“Omnicom Group earned its reputation from creative agencies such as Bill Bernbach’s DDB, but the holding company has since evolved into a data-driven powerhouse that enables marketers to transform their businesses using its rich capabilities in data, commerce, consumer experience management, CRM—and yes, creativity,” said Ad Age Executive Editor Judann Pollack. “This reinvention has been a new-business magnet for global marketers such as L’Oréal and contributed to robust organic growth. Omnicom has demonstrated its readiness for the contemporary marketing world, leading us to choose it as our 2023 Holding Company of the Year.”

The honor follows a string of other prominent industry accolades Omnicom won this past year, including being named 2022 Holding Company of the Year for both The One Show and the WARC Creative 100 as well as the Most Effective Agency Holding Company in the 2021 Global Effie Effectiveness Index. The company was also named a leader in three 2022 Forrester Wave™ assessments that covered the critical areas of global media management services, marketing creative and content services, and global marketing services.

For more information on Omnicom’s A-List recognition, please visit https://bit.ly/2023AdAgeHoldingCo.

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 offer services in advertising, strategic media planning and buying, precision marketing, commerce and brand consulting, experiential, customer relationship marketing (CRM), public relations, healthcare marketing and other specialty communications services to over 5,000 clients in more than 70 countries.

SOURCE Omnicom Group Inc.

Omnicom takes SXSW 2023

Posted on March 7, 2023March 7, 2023 by Amanda Granath

South by Southwest® (SXSW®) Conference and Festival 2023 marks a moment to celebrate tech, music, education and culture that pushes our industry forward. The festival this year takes place on Friday, March 10^th until Sunday, March 19^th and will feature over 350 sessions of globally curated content to ignite conversation and collaboration throughout our industry.

Omnicom and its agencies will join the conversation with featured speakers from across its networks as well as planned events throughout the event. Learn how to harness your hunger for breakthrough work, rally behind industry diversity efforts and more when you join us this week. View the full schedule here.

Highlights for the week include:

Friday, March 10th

12:00PM | Brand Innovators Marketing Leadership Summit panel with Andrew Teagle, Chief Strategist, GSD&M

4:00PM | Featured session with Aliah Berman, Chief Diversity Officer, TBWA\Worldwide

Saturday, March 11th

2:30PM | “They’re Skipping Your Life’s Work in 6 Seconds” with Brent Anderson, Global Chief Creative Officer, TBWA\Media Arts Lab

Sunday, March 12th

1:00PM | “From Start-up to Scale-up” with Les Binet, Group Head of Effectiveness, adam&eveDDB

Tuesday, March 14^th

2:30PM | “Affirming Trans Rights: Actions for Business Leaders” with Terry Young, Founder and CEO, sparks & honey

Wednesday, March 15^th

2:30PM | “How Values-Based Marketing Fuels Travel Now” with Jason Rosario, Chief Diversity, Equity & Inclusion Officer, BBDO and Bettina Geribaldi, SVP, Travel, Hospitality & Leisure, Ketchum

Omnicom to Present at the Morgan Stanley Technology, Media and Telecom Conference

Posted on March 1, 2023March 1, 2023 by Amanda Granath

NEW YORK, March 1, 2023 /PRNewswire/ — Omnicom Group Inc. (NYSE: OMC) today announced that it will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, California on Tuesday, March 7, 2023 at 9:50 a.m. Pacific Time. Live and archived webcasts will be available in the investor relations section of www.omnicomgroup.com.

SOURCE Omnicom Group Inc.

Omnicom Group Inc. Declares Dividend

Posted on February 16, 2023February 16, 2023 by Amanda Granath

NEW YORK, Feb. 16, 2023 /PRNewswire/ — The Board of Directors of Omnicom Group Inc. (NYSE: OMC) declared a quarterly dividend of 70 cents per outstanding share of the corporation’s common stock. The dividend is payable on April 6, 2023 to Omnicom Group common shareholders of record at the close of business on March 10, 2023.

SOURCE Omnicom Group Inc.

Omnicom Group Reports Fourth Quarter and Full Year 2022 Results

Posted on February 7, 2023February 9, 2023 by Amanda Granath

2022 Fourth Quarter:

Revenue of $3,868.2 million, with organic growth of 7.2%

Operating profit of $642.7 million

Operating profit margin of 16.6%

Diluted earnings per share of $2.09

NEW YORK, Feb. 7, 2023 /PRNewswire/ — Omnicom Group Inc. (NYSE: OMC) today announced results for the quarter and full year ended December 31, 2022.

“Fourth quarter organic revenue growth of 7.2% was stronger than we expected, led by resilient performance across global geographies and continued strength in our faster growing disciplines,” said John Wren, Chairman and Chief Executive Officer of Omnicom Group Inc. “We enter 2023 in a very strong position, building on last year’s significant new business wins and bringing together creativity, digital technology, and data to create marketing solutions that are responsive to the business transformation needs of our clients. At the same time, we are closely tracking the macroeconomic outlook and are fully prepared to respond appropriately. We are confident that the flexibility and diversity of our business and the strength of our balance sheet will continue to create value for our shareholders.”

Fourth Quarter 2022 Results

Three Months Ended December 31,

2022	2021
Revenue	$3,868.2	$ 3,855.9
Operating Profit	642.7	622.5
Operating Profit Margin	16.6 %	16.1 %
Interest expense, net	25.9	44.4
Net Income⁽¹⁾	429.8	416.2
Net Income per Share – Diluted⁽¹⁾	$2.09	$1.95

$ in millions, except per share amounts

Revenues
Worldwide revenue growth in the fourth quarter of 2022 compared to the fourth quarter of 2021 was led by an increase in revenue from organic growth of $276.8 million, or 7.2%. Acquisition revenue, net of disposition revenue, decreased $53.5 million, or 1.4%, primarily reflecting the disposition of our businesses in Russia in the first quarter of 2022. The impact of foreign currency translation was a decrease of $211.0 million, or 5.5%. Reported total revenue in the fourth quarter of 2022 increased $12.3 million, or 0.3%, to $3,868.2 million.

Organic growth by discipline in the fourth quarter of 2022 compared to the fourth quarter of 2021 was as follows: 6.0% for Advertising & Media, 11.6% for Precision Marketing, 12.7% for Public Relations, 7.2% for Commerce & Brand Consulting, 6.4% for Healthcare, and 17.0% for Experiential. Execution & Support decreased 2.8%.

Organic growth by region in the fourth quarter of 2022 compared to the fourth quarter of 2021 was as follows: 5.6% for the United States, 9.9% for the United Kingdom, 5.1% for the Euro Markets & Other Europe, 6.9% for Asia Pacific, 18.2% for Latin America, 7.3% for Other North America, and 32.6% for the Middle East & Africa.

Expenses
Operating expenses decreased $7.9 million, or 0.2%, to $3,225.5 million compared to the fourth quarter of 2021. The weakening of most foreign currencies against the U.S. Dollar reduced operating expenses in the quarter compared to prior year in line with the percentage reduction from changes in foreign currencies on revenue.

Salary and service costs, which tend to fluctuate with changes in revenue, are comprised of salary and related costs, and third-party service costs. Salary and service costs decreased $0.1 million to $2,792.0 million. Salary and related costs decreased $16.4 million, or 0.9%, to $1,853.4 million as the increase related to organic revenue growth and increased headcount was offset by the effects of foreign currency translation. Third-party service costs increased $16.3 million, or 1.8%, to $938.6 million primarily due to an increase in organic revenue.

Occupancy and other costs, which are less directly linked to changes in revenue than salary and service costs, increased $17.2 million, or 6.2%, to $294.4 million, due to an increase in general office expenses resulting from the return of our workforce to the office, partially offset by lower rent.

SG&A expenses decreased $25.4 million to $84.5 million, primarily due to lower professional fees, lower marketing related costs, and reductions from the effects of foreign currency translation.

Operating Profit
Operating profit increased $20.2 million, or 3.2%, to $642.7 million compared to the fourth quarter of 2021. The related operating profit margin was 16.6% compared to 16.1% for the fourth quarter of 2021.

Interest Expense, net
Net interest expense in the fourth quarter of 2022 decreased $18.5 million to $25.9 million compared to the fourth quarter of 2021. Interest expense increased $2.8 million to $54.4 million, and interest income increased $21.3 million to $28.5 million, primarily as a result of higher interest rates on cash balances and short-term investments.

Income Taxes
Our effective tax rate of 26.5% in the fourth quarter of 2022 increased from 23.1% in the fourth quarter of 2021 primarily related to the favorable settlements of uncertain tax positions in certain jurisdictions in the prior year period.

Net Income – Omnicom Group Inc. and Diluted Net Income per Share
Net income – Omnicom Group Inc. for the fourth quarter of 2022 increased $13.6 million, or 3.3%, to $429.8 million compared to the fourth quarter of 2021. Diluted shares outstanding decreased to 205.2 million, or 3.8%, from 213.3 million as a result of net share repurchases. Diluted net income per share of $2.09 increased $0.14, or 7.2%, from $1.95 per share.

EBITA
EBITA increased $20.0 million, or 3.1%, to $662.7 million compared to the fourth quarter of 2021. The related EBITA margin was 17.1% compared to 16.7% for the fourth quarter of 2021.

Full Year 2022 Results

Twelve Months Ended December 31,

2022	2021
Revenue	$14,289.1	$14,289.4
Operating Profit	2,083.3	2,197.9
Operating Profit Margin	14.6 %	15.4 %
Interest expense, net	137.9	209.1
Net Income⁽¹⁾	1,316.5	1,407.8
Net Income per Share – Diluted⁽¹⁾	$6.36	$6.53
Adj. Operating Profit ⁽²⁾	$ 2,196.7	$ 2,147.4
Adj. Operating Profit Margin⁽²⁾	15.4 %	15.0 %
Adj. Net Income per Share – Diluted ⁽²⁾	$6.93	$ 6.39

(1)
Net Income and Net Income per Share for Omnicom Group Inc.
(2)
See Reconciliations of Non-GAAP Adjustments on pages 12–13.

$ in millions, except per share amounts

Revenues
Worldwide revenue growth in 2022 compared to 2021 was led by an increase in revenue from organic growth of $1,346.3 million, or 9.4%. Acquisition revenue, net of disposition revenue, was a decrease of $665.6 million, or 4.7%, primarily reflecting dispositions in the Advertising & Media discipline in the second quarter of 2021 and the disposition of our businesses in Russia in the first quarter of 2022. The impact of foreign currency translation was a decrease of $681.0 million, or 4.8%. Reported total revenue in 2022 decreased $0.3 million to $14,289.1 million.

Organic growth by discipline in 2022 compared to 2021 was as follows: 7.3% for Advertising & Media, 17.1% for Precision Marketing, 13.7% for Public Relations, 10.7% for Commerce & Brand Consulting, 7.1% for Healthcare, 4.0% for Execution & Support, and 26.1% for Experiential.

Organic growth by region in 2022 compared to 2021 was as follows: 8.7% for the United States, 10.9% for the United Kingdom, 9.7% for the Euro Markets & Other Europe, 6.6% for Asia Pacific, 14.1% for Latin America, 9.2% for Other North America, and 33.2% for the Middle East & Africa.

Expenses
Operating expenses in 2022 increased $114.3 million, or 0.9%, to $12,205.8 million compared to 2021. In 2022, operating expenses include charges arising from the effects of the war in Ukraine of $113.4 million. In 2021, operating expenses were favorably impacted by a $50.5 million gain recorded in connection with dispositions in the Advertising & Media discipline. The weakening of most foreign currencies against the U.S. Dollar reduced operating expenses for 2022 as compared to the prior year in line with the percentage reduction from changes in foreign currencies on revenue.

Salary and service costs, which tend to fluctuate with changes in revenue, are comprised of salary and related costs, and third-party service costs. In total, salary and service costs decreased $76.1 million, or 0.7%, to $10,325.9 million. Salary and related costs increased $226.9 million, or 3.3%, to $7,197.9 million due to organic revenue growth and increased headcount. Third-party service costs decreased $303.0 million, or 8.8%, to $3,128.0 million due primarily to dispositions in the Advertising & Media discipline in the second quarter of 2021 and the disposition of our businesses in Russia in the first quarter of 2022.

Occupancy and other costs, which are less directly linked to changes in revenue than salary and service costs, increased $20.4 million, or 1.8%, to $1,168.6 million, due to an increase in general office expenses resulting from the return of our workforce to the office, partially offset by lower rent and other occupancy costs.

SG&A expenses decreased $1.2 million, or 0.3%, to $378.5 million.

Operating Profit
Operating profit in 2022 decreased $114.6 million, or 5.2%, to $2,083.3 million compared to 2021. The related operating profit margin was 14.6% in 2022 compared to 15.4% in 2021. Operating profit and operating profit margin in 2022 include $113.4 million in charges related to the effects of the war in Ukraine. Operating profit and operating profit margin for 2021 were favorably impacted by the $50.5 million gain recorded in connection with dispositions in the Advertising & Media discipline. Non-GAAP Adjusted operating profit increased 2.3%, and the related margin increased to 15.4% from 15.0%.

Interest Expense, net
Net interest expense in 2022 decreased $71.2 million to $137.9 million compared to 2021. Interest expense decreased $27.8 million to $208.6 million, and interest income increased $43.4 million to $70.7 million, primarily as a result of higher interest rates on cash balances and short-term investments.

Income Taxes
Our effective tax rate of 28.1% in 2022 increased from 24.6% in 2021. The higher effective tax rate for 2022 was primarily due to the result of the non-deductibility of $113.4 million in charges recorded in the first quarter of 2022 arising from the effects of the war in Ukraine, as well as an additional increase in income tax expense of $4.8 million related to the disposition of our businesses in Russia. These charges were partially offset by the tax benefit arising from our share-based compensation awards. The effective tax rate for 2021 reflects a nominal tax applied to the book gain on the disposition in the Advertising & Media discipline resulting from the excess of tax over book basis and a reduction in income tax expense of $32.8 million primarily related to the favorable settlements of uncertain tax positions in certain jurisdictions.

Net Income – Omnicom Group Inc. and Diluted Net Income per Share
Net income – Omnicom Group Inc. for 2022 decreased $91.3 million, or 6.5%, to $1,316.5 million compared to 2021. Diluted shares outstanding decreased to 207.0 million, or 4.0%, from 215.6 million as a result of net share repurchases. Diluted net income per share of $6.36 decreased $0.17, or 2.6%, from $6.53 per share. Non-GAAP adjusted diluted earnings per share for 2022 increased 8.5% to $6.93 from $6.39.

EBITA
EBITA decreased $114.3 million, or 5.0%, to $2,163.6 million compared to 2021. The related EBITA margin was 15.1% compared to 15.9% for 2021. EBITA and EBITA margin in 2022 include $113.4 million in charges related to the effects of the war in Ukraine. Operating profit and operating profit margin for 2021 were favorably impacted by the $50.5 million gain recorded in connection with dispositions in the Advertising & Media discipline.

Risks and Uncertainties
Global economic challenges, including the impact of the war in Ukraine, the COVID-19 pandemic, rising inflation, rising interest rates and supply-chain disruptions could cause economic uncertainty and volatility. The impact of these issues on our business will vary by geographic market and discipline. We monitor economic conditions closely, as well as client revenue levels and other factors. In response to reductions in revenue, we can take actions to align our cost structure with changes in client demand and manage our working capital. However, there can be no assurance as to the effectiveness of our efforts to mitigate any impact of the current and future adverse economic conditions, reductions in client revenue, changes in client creditworthiness and other developments.

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.

Conference Call
Omnicom will host a conference call to review its financial results on Tuesday, February 7, 2023 at 4:30 p.m. Eastern Time. Participants can listen to the conference call by calling 844-291-6362 (domestic) or 234-720-6995 (international), along with access code 1468163. The call will also be simulcast and archived on our investor relations website.

Corporate Responsibility
At Omnicom, we are committed to promoting responsible practices and making positive contributions to society around the globe. Please explore our website (csr.omnicomgroup.com) for highlights of our progress across the four areas on which we focus: People, Community, Environment and Governance.

Non-GAAP Financial Measures
We present financial measures determined in accordance with generally accepted accounting principles in the United States (“GAAP”) and adjustments to the GAAP presentation (“Non-GAAP”), which we believe are meaningful for understanding our performance. We use Adjusted Operating Profit, Adjusted Operating Profit Margin, Adjusted EBITA, Adjusted EBITA Margin, Adjusted Net Interest Expense, Adjusted Income Tax Expense, Adjusted Net Income – Omnicom Group Inc. and Adjusted Net Income per diluted share – Omnicom Group Inc. as additional operating performance measures. We believe these measures are useful in evaluating the impact of certain items on operating performance and allows for comparability between reporting periods. EBITA, is defined as operating profit before interest, taxes, and amortization of intangible assets and EBITA margin, defined as EBITA divided by revenue. We use EBITA and EBITA margin as additional operating performance measures, which exclude the non-cash amortization expense of intangible assets (primarily consisting of amortization arising from acquisitions). Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with GAAP. Non-GAAP financial measures as reported by us may not be comparable to similarly titled amounts reported by other companies.

Forward-Looking Statements
Certain statements in this press release constitute forward-looking statements, including statements within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, from time to time, the Company or its representatives have made, or may make, forward-looking statements, orally or in writing. These statements may discuss goals, intentions and expectations as to future plans, trends, events, results of operations or financial position, 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. These 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. Factors that could cause actual results to differ materially from those in the forward-looking statements include: adverse economic conditions, including those caused by the the war in Ukraine; the impact of the COVID-19 pandemic; severe and sustained inflation in countries that comprise our major markets; rising interest rates; supply chain issues affecting the distribution of our clients’ products; international, national or local economic conditions that could adversely affect the Company or its clients; losses on media purchases and production costs incurred on behalf of clients; reductions in client spending, a slowdown in client payments and a deterioration or a disruption in the credit markets; the ability to attract new clients and retain existing clients in the manner anticipated; changes in client advertising, marketing and corporate communications requirements; failure to manage potential conflicts of interest between or among clients; unanticipated changes relating to competitive factors in the advertising, marketing and corporate communications industries; the ability to hire and retain key personnel; currency exchange rate fluctuations; reliance on information technology systems; changes in legislation or governmental regulations affecting the Company or its clients; risks associated with assumptions the Company makes in connection with its critical accounting estimates and legal proceedings; and the Company’s international operations, which are subject to the risks of currency repatriation restrictions, social or political conditions and regulatory environment. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors 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, 2021. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements.

Omnicom Group Inc.

Consolidated Statements of Income

Three Months Ended December 31

(Unaudited)
(In Millions, Except Per Share Data)

2022	2021
Revenue	$3,868.2	$3,855.9
Operating Expenses:
Salary and service costs	2,792.0	2,792.1
Occupancy and other costs	294.4	277.2
Costs of services	3,086.4	3,069.3
Selling, general and administrative expenses	84.5	109.9
Depreciation and amortization	54.6	54.2
	3,225.5	3,233.4
Operating Profit	642.7	622.5
Interest Expense	54.4	51.6
Interest Income	28.5	7.2
Income Before Income Taxes and Income From Equity Method Investments	616.8	578.1
Income Tax Expense	163.5	133.6
Income From Equity Method Investments	2.6	5.4
Net Income	455.9	449.9
Net Income Attributed To Noncontrolling Interests	26.1	33.7
Net Income – Omnicom Group Inc.	$429.8	$416.2

Net Income Per Share – Omnicom Group Inc.
Basic	$ 2.11	$ 1.96
Diluted	$2.09	$1.95
Weighted average shares
Basic	203.9	212.2
Diluted	205.2	213.3
Dividends Declared Per Common Share	$ 0.70	$ 0.70

Omnicom Group Inc.

Consolidated Statements of Income

Twelve Months Ended December 31

(Unaudited)
(In Millions, Except Per Share Data)

2022	2021
Revenue	$ 14,289.1	$14,289.4
Operating Expenses:
Salary and service costs	10,325.9	10,402.0
Occupancy and other costs	1,168.6	1,148.2
Charges arising from the effects of the war in Ukraine	113.4	—
Gain on disposition of subsidiary	—	(50.5)
Costs of services	11,607.9	11,499.7
Selling, general and administrative expenses	378.5	379.7
Depreciation and amortization	219.4	212.1
	12,205.8	12,091.5
Operating Profit	2,083.3	2,197.9
Interest Expense	208.6	236.4
Interest Income	70.7	27.3
Income Before Income Taxes and Income From Equity Method Investments	1,945.4	1,988.8
Income Tax Expense	546.8	488.7
Income From Equity Method Investments	5.2	7.5
Net Income	1,403.8	1,507.6
Net Income Attributed To Noncontrolling Interests	87.3	99.8
Net Income – Omnicom Group Inc.	$ 1,316.5	$1,407.8

Net Income Per Share – Omnicom Group Inc.
Basic	$6.40	$6.57
Diluted	$6.36	$6.53
Weighted average shares
Basic	205.6	214.3
Diluted	207.0	215.6
Dividends Declared Per Common Share	$2.80	$2.80

Omnicom Group Inc.

Detail of Operating Expenses

Three Months Ended December 31

(Unaudited)
(In Millions)

2022	2021
Operating Expenses:
Salary and service costs
Salary and related service costs	$1,853.4	$1,869.8
Third-party service costs	938.6	922.3
	2,792.0	2,792.1
Occupancy and other costs	294.4	277.2
Cost of services	3,086.4	3,069.3
Selling, general and administrative expenses	84.5	109.9
Depreciation and amortization	54.6	54.2
Total Operating Expenses	$ 3,225.5	$3,233.4

Omnicom Group Inc.

Detail of Operating Expenses

Twelve Months Ended December 31

(Unaudited)
(In Millions)

2022	2021
Operating Expenses:
Salary and service costs
Salary and related service costs	$7,197.9	$6,971.0
Third-party service costs	3,128.0	3,431.0
	10,325.9	10,402.0
Occupancy and other costs	1,168.6	1,148.2
Charges arising from the effects of the war in Ukraine	113.4	—
Gain on sale of subsidiary	—	(50.5)
Cost of services	11,607.9	11,499.7
Selling, general and administrative expenses	378.5	379.7
Depreciation and amortization	219.4	212.1
Total Operating Expenses	$12,205.8	$12,091.5

Omnicom Group Inc.

Reconciliation of Non-GAAP Financial Measures

Three Months Ended December 31

(Unaudited)
(In Millions)

2022	2021
Net Income – Omnicom Group Inc.	$429.8	$ 416.2
Net Income Attributed To Noncontrolling Interests	26.1	33.7
Net Income	455.9	449.9
Income From Equity Method Investments	2.6	5.4
Income Tax Expense	163.5	133.6
Income Before Income Taxes and Income From Equity Method Investments	616.8	578.1
Interest Income	28.5	7.2
Interest Expense	54.4	51.6
Operating Profit	642.7	622.5
Add back: Amortization of intangible assets	20.0	20.2
Earnings before interest, taxes and amortization of intangible assets (“EBITA”)	$ 662.7	$642.7
Revenue	$3,868.2	$3,855.9
EBITA	$ 662.7	$642.7
EBITA Margin %	17.1 %	16.7 %

The above table reconciles the U.S. GAAP financial measure of Net Income – Omnicom Group Inc. to EBITA (defined as earnings before interest, taxes and amortization of intangible assets) and EBITA Margin (defined as EBITA divided by revenue) for the periods presented. We use EBITA and EBITA Margin as additional operating performance measures, which exclude the non-cash amortization expense of intangible assets (primarily consisting of amortization of intangible assets arising from acquisitions). Accordingly, we believe EBITA and EBITA Margin are useful measures for investors to evaluate the performance of our business.

Omnicom Group Inc.

Reconciliation of Non-GAAP Financial Measures

Twelve Months Ended December 31

(Unaudited)
(In Millions)

2022	2021
Net Income – Omnicom Group Inc.	$1,316.5	$1,407.8
Net Income Attributed To Noncontrolling Interests	87.3	99.8
Net Income	1,403.8	1,507.6
Income From Equity Method Investments	5.2	7.5
Income Tax Expense	546.8	488.7
Income Before Income Taxes and Income From Equity Method Investments	1,945.4	1,988.8
Interest Expense	208.6	236.4
Interest Income	70.7	27.3
Operating Profit	2,083.3	2,197.9
Add back: Amortization of intangible assets	80.3	80.0
Earnings before interest, taxes and amortization of intangible assets (“EBITA”)	$2,163.6	$2,277.9
Revenue	$14,289.1	$14,289.4
EBITA	$ 2,163.6	$ 2,277.9
EBITA Margin %	15.1 %	15.9 %

Omnicom Group Inc.

Reconciliation of Non-GAAP Adjustments

Twelve Months Ended December 31

(Unaudited)
(In Millions)

Full Year

Reported 2022	Non-GAAP Adjustments	Non-GAAP Adjusted 2022	Reported 2021	Non-GAAP Adjustments	Non-GAAP Adjusted 2021
Revenue	$14,289.1	$—	$14,289.1	$14,289.4	$—	$14,289.4
Operating Expenses(^(a)^(c)	12,205.8	(113.4)	12,092.4	12,091.5	50.5	12,142.0
Operating Profit	2,083.3	113.4	2,196.7	2,197.9	(50.5)	2,147.4
Operating Margin %	14.6 %		15.4 %	15.4 %		15.0 %
Net Interest Expense ^(b)	137.9	—	137.9	209.1	(26.6)	182.5
Income Tax Expense^(b)^(c)	546.8	(4.8)	542.0	488.7	7.1	495.8
Income from Equity Method Investments	5.2	—	5.2	7.5	—	7.5
Net Income Attributed to Noncontrolling Interests	87.3	—	87.3	99.8	—	99.8
Net Income – Omnicom Group Inc.^(c)^(d)	$1,316.5	$118.2	$1,434.7	$1,407.8	$(31.0)	$1,376.8
Diluted Shares	207.0	—	207.0	215.6	—	215.6
Net Income per Share – Diluted^(d)	$ 6.36	$0.57	$6.93	$6.53	$(0.14)	$6.39
Dividends Declared Per Common Share	$2.80	$ —	$2.80	$2.80	$ —	$2.80

(a)
Full Year 2021 Operating expenses and Net Income – Omnicom Group Inc. include $50.5 million related to a gain on the disposition of a subsidiary in the second quarter of 2021.
(b)
Full Year 2021 Net interest expense includes a $26.6 million pre-tax charge ($19.5 million after-tax) on the early extinguishment of debt in the second quarter of 2021.
(c)
In the first quarter of 2022, we recorded a pre-tax charge of $113.4 million in Operating Expenses related to the effects of the war in Ukraine, resulting in an additional $4.8 million of Income tax expense.
(d)
The combined effect of the after-tax gain from the disposition in the Advertising & Media discipline and the loss on the early redemption of the 2022 Notes increased Net income – Omnicom Group Inc. for 2021 by $31.0 million and Net Income per Share- Diluted by $0.14.

The above table reconciles the nearest U.S. GAAP financial measures to Non-GAAP Adjusted financial measures. We believe Non-GAAP Adjusted financial measures are useful for investors to evaluate the performance of our business.

SOURCE Omnicom Group Inc.

Omnicom Group Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

Posted on January 30, 2023January 30, 2023 by Amanda Granath

NEW YORK, Jan. 30, 2023 /PRNewswire/ — Omnicom Group Inc. (NYSE: OMC) will publish its fourth quarter and full year 2022 results on Tuesday, February 7, 2023 after the New York Stock Exchange closes. The company will also host a conference call to review the financial results on Tuesday, February 7, 2023 starting at 4:30 p.m. Eastern Time. Participants may listen to the conference call by dialing 844-291-6362 (domestic) or 234-720-6995 (international), along with access code 1468163. The conference call will be simulcast and archived on Omnicom’s website at investor.omnicomgroup.com.

Omnicom Group Inc. Declares Dividend

Posted on December 8, 2022December 8, 2022 by Amanda Granath

NEW YORK, Dec. 8, 2022 /PRNewswire/ — The Board of Directors of Omnicom Group Inc. (NYSE: OMC) declared a quarterly dividend of 70 cents per outstanding share of the corporation’s common stock. The dividend is payable on January 11, 2023 to Omnicom Group common shareholders of record at the close of business on December 21, 2022.

SOURCE Omnicom Group Inc.

TA Digital Appoints Dr. Ali Alkhafaji as President

Posted on October 31, 2022 by Amanda Granath

TA Digital Promotes Dr. Ali Alkhafaji from Chief Technology Officer to President

NEWARK, N.J., Oct. 31, 2022 /PRNewswire/ — Global digital transformation agency TA Digital has announced that Chief Technology Officer Dr. Ali Alkhafaji has been elevated to the role of President. Dr. Alkhafaji will now serve as both President and Chief Technology Officer of TA Digital.

Dr. Alkhafaji joined TA Digital in 2017 and immediately had a significant impact on the business. As President, all client, sales, marketing, delivery, alliances, and consulting functions will come under his leadership as he continues to drive growth for TA Digital and its customers in the digital transformation space.

“I am honored and humbled by this appointment,” said Dr. Alkhafaji. “It has been the thrill of a lifetime to work alongside this team for nearly 6 years, and I am excited to be a part of this new chapter in our long and storied history.”

“We’re excited to recognize a leader with strategic vision, passion, and demonstrated patterns of success,” said Rajiv Rohmetra, Chief Executive Officer of TA Digital. “Ali has been a vital part of our organization, and his role as President will continue to leverage his leadership and expertise to drive growth for TA Digital and our clients.”

With more than 1,000 employees across North America and India, TA Digital is a part the Credera Network of agencies within the Omnicom Precision Marketing Group.

ABOUT TA DIGITAL
TA Digital is the only global boutique agency that delivers the “best of both worlds” to clients seeking to achieve organizational success through digital transformation. Unlike smaller, regional agencies that lack the ability to scale or large organizations that succumb to a quantity-over-quality approach, we offer resource diversity while also providing meticulous attention to the details that enable strategic success.

Over the past 20 years, TA Digital has positioned clients to achieve digital maturity by focusing on data, customer-centricity, and exponential return on investment; by melding exceptional user experience and data-driven methodologies with artificial intelligence and machine learning, we enable digital transformations that intelligently build upon the strategies we set into motion. We are known as a global leader that assists marketing and technology executives in understanding the digital ecosystem while identifying cultural and operational gaps within their business – ultimately ushering organizations toward a more mature model and profitable digital landscape.

Recognized in 2013, 2014, 2015, 2019, 2020 and 2021 Inc. 5000 list as one of the fastest growing companies in the United States, TA Digital is pleased also to share high-level strategic partnerships with world class digital experience platform companies like Adobe, Acquia, commercetools, Sitecore, and Salesforce.

Media Contact:
Jeffrey Detloff
847-331-6244
[email protected]

SOURCE TA Digital

Omnicom Names Alex Hesz Chief Strategy Officer

Posted on October 28, 2022October 28, 2022 by Amanda Granath

Hesz previously served as CSO for adam&eve and DDB

NEW YORK, Oct. 28, 2022 /PRNewswire/ — Omnicom Group Inc. (NYSE: OMC) today announced the appointment of Alex Hesz to the role of Executive Vice President, Chief Strategy Officer, effective November 1, 2022.

In this newly created position, Hesz will collaborate closely with Omnicom’s leadership team on the company’s strategic priorities and enterprise-level clients.

“I’ve known Alex for years. He has one of the most brilliant minds in our industry and I’ve had the opportunity to see the impact of his work for our clients,” said John Wren, Chairman and CEO, Omnicom. “We are pleased to welcome him back to Omnicom in a critical role that will reinforce innovation and strategic thinking across the organization and elevate how we go to market. He will bring immense value to the organization and the clients we serve.”

Prior to this role, Hesz was Group Chief Strategy Officer for adam&eve, as well as Chief Strategy Officer of DDB Worldwide, working on clients including Google, Volkswagen, Mars, Facebook, Virgin Media, and Unilever.

Hesz joined adam&eve when the agency was a small startup in London and was core to its growth for a decade, seeing it become London’s largest agency, Cannes Lions’ European Agency of the Decade, Campaign‘s Agency of the Decade, and IPA’s most awarded agency for effectiveness.

“More than ever, large clients are looking for greater integration that connects content and media into more effective and agile solutions,” said Hesz. “I’m excited to join Omnicom’s outstanding leadership team and work across our broad array of agency practices to unlock innovation and growth for clients.”

SOURCE Omnicom Group Inc.

Kathleen Saxton Joins Omnicom Group as Chief Marketing Officer

Posted on October 25, 2022October 27, 2022 by Amanda Granath

NEW YORK, Oct. 25, 2022 /PRNewswire/ — Omnicom Group Inc. (NYSE: OMC) today announced the appointment of Kathleen Saxton as Chief Marketing Officer, effective January 1. In this new position, Saxton will be responsible for marketing Omnicom’s award-winning capabilities and its omni-channel solutions for global enterprise clients, building on the Company’s success in this area.

A highly experienced industry leader, Saxton joins from MediaLink, where she served as Managing Director EMEA, responsible for strategic consulting, agency selection, talent advisory, marketing and sales. She is also co-founder of Advertising Week Europe. Previously, she ran her own talent advisory firm, The Lighthouse, for a decade and held marketing positions at Sky Television, Saatchi and PHD.

“Kathleen steps into this role with a deep understanding of the solutions that modern global clients want in order to succeed in a transformed consumer world,” said Daryl Simm, President and Chief Operating Officer of Omnicom Group. “Her proven marketing skills will elevate our incredible agency talent and our connected client solutions that achieve better business results.”

“With its iconic and creative agency networks and future-looking disciplines, Omnicom has established itself as a leader for integrated client solutions,” said Saxton. “I am eager to work alongside an incredible team to orchestrate its vast capabilities to best serve clients.”

Saxton sits on the board of NSPCC Childline and is an active member of WACL (Women in Advertising and Communications Leadership). She is also a mentor for the social mobility charity Speakers For Schools program.

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 offer services in advertising, strategic media planning and buying, precision marketing, commerce and brand consulting, experiential, customer relationship marketing (CRM), public relations, healthcare marketing and other specialty communications services to over 5,000 clients in more than 70 countries.

SOURCE Omnicom Group Inc.

Omnicom Group Reports Third Quarter 2022 Results

Posted on October 18, 2022October 20, 2022 by Amanda Granath

Revenue of $3,443.4 million, with organic growth of 7.5%

Operating profit of $546.0 million

Operating profit margin of 15.9%

Diluted earnings per share of $1.77

NEW YORK, Oct. 18, 2022 /PRNewswire/ — Omnicom Group Inc. (NYSE: OMC) today announced results for the quarter ended September 30, 2022.

“Omnicom delivered 7.5% organic revenue growth in the quarter with double-digit organic growth in precision marketing, public relations, and commerce & brand consulting, and solid results across our portfolio broadly. Profitability also remained strong, and our experience with challenging economic environments leaves us confident that we can navigate through current business uncertainty,” said John Wren, Chairman and Chief Executive Officer of Omnicom Group Inc. “One thing remains certain – the path from marketer to consumer is becoming exceedingly complex, and Omnicom has the talent and capabilities to be the trusted advisor to drive success for our clients.”


$ in millions, except per share amounts	Three Months Ended September 30,
	2022	2021
Revenue	$3,443.4	$3,435.0
Operating Profit	546.0	541.6
Operating Profit Margin	15.9%	15.8%
Interest expense, net	29.1	43.7
Net Income⁽¹⁾	364.5	355.6
Net Income per Share – Diluted⁽¹⁾	$1.77	$1.65
EBITA⁽²⁾	$566.1	$560.3
EBITA Margin⁽²⁾	16.4%	16.3%

(1)
Net Income and Net Income per Share for Omnicom Group Inc.
(2)
See Reconciliations of Non-GAAP Financial Measures

Third Quarter 2022 Results

Revenues
Worldwide revenue growth in the third quarter of 2022 compared to the third quarter of 2021 was led by an increase in revenue from organic growth of $257.7 million, or 7.5%. Acquisition revenue, net of disposition revenue, was a decrease of $32.7 million, or 1.0%, primarily reflecting the disposition of our businesses in Russia in the first quarter of 2022. The impact of foreign currency translation was a decrease of $216.6 million, or 6.3%. Reported total revenue in the third quarter of 2022 increased $8.4 million, or 0.2%.

Organic growth in the third quarter of 2022 compared to the third quarter of 2021 increased across all of our fundamental disciplines, including: 5.9% for Advertising & Media, 16.3% for Precision Marketing, 12.6% for Public Relations, 11.1% for Commerce & Brand Consulting, 5.0% for Healthcare, 3.9% for Execution & Support, and 2.3% for Experiential.

Organic growth in the third quarter of 2022 compared to the third quarter of 2021 increased across our geographic markets as follows: 7.6% for the United States, 11.5% for the United Kingdom, 6.0% for the Euro Markets & Other Europe, 4.4% for Asia Pacific, 13.1% for Latin America, 7.7% for Other North America, and 12.2% for the Middle East & Africa.

Expenses
Operating expenses increased $4.0 million, or 0.1%, to $2,897.4 million compared to the third quarter of 2021.

Salary and service costs, which tend to fluctuate with changes in revenue, are comprised of salary and related costs, and third-party service costs. In total, salary and service costs increased $14.3 million, or 0.6%. Salary and related costs increased $18.8 million, or 1.1%, due primarily to the increase in organic revenue, an increase in headcount, and an increase in client-related business activities. Third-party service costs decreased $4.5 million, or 0.6%, due primarily to the disposition of our businesses in Russia in the first quarter of 2022, partially offset by an increase in organic revenue.

Occupancy and other costs, which are less directly linked to changes in revenue than salary and service costs, decreased $4.5 million, or 1.6%, to $281.0 million, due to lower rent and other occupancy costs, partially offset by an increase in general office expenses resulting from the return of our workforce to the office.

SG&A expenses decreased $8.6 million, or 9.1%, to $86.4 million.

Operating Profit
Operating profit increased $4.4 million, or 0.8%, to $546.0 million compared to the third quarter of 2021. The related operating profit margin was 15.9% compared to 15.8% for the third quarter of 2021.

Interest Expense, net
Net interest expense in the third quarter of 2022 decreased $14.6 million to $29.1 million compared to the third quarter of 2021. Interest expense increased $1.3 million to $52.0 million, and interest income increased $15.9 million to $22.9 million, primarily as a result of higher interest rates on cash balances and short-term investments.

Income Taxes
Our effective tax rate of 26.1% in the third quarter of 2022 increased from 24.1% in the third quarter of 2021 primarily related to the favorable settlements of uncertain tax positions in certain jurisdictions in the prior year period.

Net Income – Omnicom Group Inc. and Diluted Net Income per Share
Net income – Omnicom Group Inc. for the third quarter of 2022 increased $8.9 million, or 2.5%, to $364.5 million compared to the third quarter of 2021. Diluted shares outstanding decreased to 206.3 million, or 4.7%, from 215.4 million. Diluted net income per share of $1.77 increased $0.12, or 7.3%, from $1.65 per share.

EBITA
EBITA in the third quarter of 2022 increased $5.8 million, or 1.0%, to $566.1 million compared to the third quarter of 2021. The related EBITA margin increased to 16.4% from 16.3%.

Definitions – Components of Revenue Change
We use certain terms in describing the components of the change in revenue 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.

Conference Call
Omnicom will host a conference call to review its financial results on Tuesday, October 18, 2022 at 4:30 p.m. Eastern Time. Participants can listen to the conference call by calling 844-291-6362 (domestic) or 234-720-6995 (international), along with access code 9962421. The call will also be simulcast and archived on our investor relations website.

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 offer services in advertising, strategic media planning and buying, precision marketing, commerce and brand consulting, experiential, customer relationship marketing (CRM), public relations, healthcare marketing and other specialty communications services to over 5,000 clients in more than 70 countries.

Non-GAAP Financial Measures
We use certain non-GAAP financial measures in describing our performance. We use EBITA (defined as earnings before interest, taxes and amortization of intangible assets) and EBITA Margin (defined as EBITA divided by revenue) as additional operating performance measures, which exclude the non-cash amortization expense of intangible assets (primarily consisting of amortization of intangible assets arising from acquisitions). We believe EBITA and EBITA Margin are useful measures for investors to evaluate the performance of our business. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with U.S. GAAP. Non-GAAP financial measures reported by us may not be comparable to similarly titled amounts reported by other companies.


Omnicom Group Inc. Consolidated Statements of Income Three Months Ended September 30 (Unaudited) (In Millions, Except Per Share Data)
	2022	2021
Revenue	$3,443.4	$3,435.0
Operating Expenses:
Salary and service costs	2,476.1	2,461.8
Occupancy and other costs	281.0	285.5
Costs of services	2,757.1	2,747.3
Selling, general and administrative expenses	86.4	95.0
Depreciation and amortization	53.9	51.1
	2,897.4	2,893.4
Operating Profit	546.0	541.6
Interest Expense	52.0	50.7
Interest Income	22.9	7.0
Income Before Income Taxes and Income (Loss) From Equity Method Investments	516.9	497.9
Income Tax Expense	134.7	120.0
Income From Equity Method Investments	1.1	2.2
Net Income	383.3	380.1
Net Income Attributed To Non controlling Interests	18.8	24.5
Net Income – Omnicom Group Inc.	$364.5	$355.6
Net Income Per Share – Omnicom Group Inc.
Basic	$1.78	$1.66
Diluted	$1.77	$1.65
Weighted average shares (in millions)
Basic	205.0	214.0
Diluted	206.3	215.4
Dividends Declared Per Common Share	$0.70	$0.70


Omnicom Group Inc. Detail of Operating Expenses Three Months Ended September 30 (Unaudited) (In Millions)
	2022	2021
Operating Expenses:
Salary and service costs
Salary and related service costs	$1,749.1	$1,730.3
Third-party service costs	727.0	731.5
	2,476.1	2,461.8
Occupancy and other costs	281.0	285.5
Costs of services	2,757.1	2,747.3
Selling, general and administrative expenses	86.4	95.0
Depreciation and amortization	53.9	51.1
Total Operating Expenses	$2.897.4	$2,893.4


Omnicom Group Inc. Reconciliation of Non-GAAP Financial Measures Three Months Ended September 30 (Unaudited) (In Millions)
	2022	2021
Net Income – Omnicom Group Inc.	$364.5	$355.6
Net Income Attributed To Noncontrolling Interests	18.8	24.5
Net Income From Equity Method Investments	383.3	380.1
Income From Equity Method Investme	1.1	2.2
Income Tax Expense	134.7	120.0
Income Before Income Taxes	516.9	497.9
Interest Income	22.9	7.0
Interest Expense	52.0	50.7
Operating Profit	546.0	541.6
Add back: Amortization of intangible assets	20.1	18.7
Earnings before interest, taxes and amortization of intangible assets (“EBITA”)	566.1	560.3
Revenue	$3,443.4	$3,435.0
EBITA	$566.1	$560.3
EBITA Margin %	16.4%	16.3%

The above table reconciles the U.S. GAAP financial measure of Net Income – Omnicom Group Inc. to EBITA (defined
as earnings before interest, taxes and amortization of intangible assets) and EBITA Margin (defined as EBITA divided
by revenue) for the periods presented. We use EBITA and EBITA Margin as additional operating performance
measures, which exclude the non-cash amortization expense of intangible assets (primarily consisting of amortization
of intangible assets arising from acquisitions). Accordingly, we believe EBITA and EBITA Margin are useful measures
for investors to evaluate the performance of our business.

SOURCE Omnicom Group Inc.

Omnicom Elevates Andrea Lennon to Chief Client Officer

Posted on October 17, 2022October 17, 2022 by Amanda Granath

Lennon previously served as President of Critical Mass

NEW YORK, Oct. 17, 2022 /PRNewswire/ — Omnicom Group Inc. (NYSE: OMC) today announced the appointment of Andrea Lennon to the new role of Chief Client Officer, effective immediately.

Lennon will be responsible for leading Omnicom’s multi-disciplinary solutions for enterprise clients, including the company’s Global Client Leaders (GCL) Group that manages and orchestrates client solutions across Omnicom’s leading agencies and practice areas.

As Chief Client Officer, Lennon will focus on transformative marketing solutions and capabilities that drive business results for global enterprise clients. In partnership with her GCL team, she will accelerate solutions that draw on the Group’s best talent while expertly integrating Omnicom’s leading capabilities in data, creative, media, communications and technology.

Lennon has built a strong track record in marketing transformation at Critical Mass, Omnicom’s digital experience design agency, where she spent seven years working in Asia, Europe and the US prior to being named President two years ago. She held previous positions at R/GA and WPP, leading omnichannel brand communications for top global brands in the health and financial space.

“In a transformed consumer world, our enterprise clients increasingly want fully integrated service solutions that seamlessly draw on our best talent and capabilities from every discipline. Our GCL community of client leaders have been at the center of our success in this area,” said Daryl Simm, President and Chief Operating Officer of Omnicom Group. “Andrea’s skills in building high performing, digitally native teams are ideal in taking our business impact to the next level.”

“I hope to bring new perspective to the amazing work our client leaders are doing for Omnicom’s global clients,” said Lennon. “I’m most excited about the opportunity to accelerate the delivery of connected solutions across the Omnicom portfolio and drive meaningful growth for our client partners.”

Based in New York, Lennon is passionate about promoting equity and inclusion, advancing diversity goals and enacting bias training. In her off hours, she supports young talent through the British Interactive Media Association (BIMA), Who’s Your Momma and Omniwomen.

SOURCE Omnicom Group Inc.

Omnicom Group Schedules Third Quarter 2022 Earnings Release and Conference Call

Posted on October 11, 2022October 11, 2022 by Amanda Granath

NEW YORK, Oct. 11, 2022 /PRNewswire/ — Omnicom Group Inc. (NYSE: OMC) will publish its third quarter 2022 results on Tuesday, October 18, 2022 after the New York Stock Exchange closes. The company will also host a conference call to review the financial results on Tuesday, October 18, 2022 starting at 4:30 p.m. Eastern Time. Participants may listen to the conference call by dialing 844-291-6362 (domestic) or 234-720-6995 (international), along with access code 9962421. The conference call will be simulcast and archived on our website at investor.omnicomgroup.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/omnicom-group-schedules-third-quarter-2022-earnings-release-and-conference-call-301646398.html

SOURCE Omnicom Group Inc.

Long-time Omnicom EVP Peter Sherman Leaves for a New Role in Higher Education

Posted on September 29, 2022September 29, 2022 by Amanda Granath

Sherman to become undergraduate professor at the end of the year following a successful 25-year tenure at Omnicom

NEW YORK, Sept. 29, 2022 – Omnicom Group Inc. (NYSE: OMC) today announced Peter Sherman, Executive Vice President, has made the decision to become a full-time undergraduate professor teaching marketing and communications at a top ranked university. He will be leaving the company effective December 31, 2022.

Sherman joined Omnicom Group as Executive Vice President (EVP) in 2014, charged with driving integration, innovation and growth across the company’s largest global clients. Since then, he has worked across all of Omnicom’s networks to ensure client-centric solutions and new business success.

As part of his remit, he has been one of the primary architects of Omnicom’s portfolio of integrated service models. He also has led Omnicom’s Global Client Leaders (GCLs) Group, growing it from 10 to 30 leaders, two-thirds of whom are women. His work in these areas helped Omnicom receive the highest scores possible in the integration services and global client teams criteria in “The Forrester Wave™: Global Marketing Services, Q3 2022” by Forrester Research, Inc.

“My time at Omnicom has been defined by incredible teams, individuals and a culture that made it the best place I could have ever hoped to spend 25 years,” said Sherman. “Throughout my tenure, I’ve seen first-hand how Omnicom evolves its services and structures ahead of an ever-changing industry, and I’m proud of my contribution to that evolution. I will leave the company on a high note at the end of this year and am very much looking forward to sharing my experience with the next generation as an educator.”

As part of Sherman’s planned transition, Omnicom will be identifying a new structure and set of leaders who will expand on the foundation he helped build. These updates will be announced in the coming weeks.

“With steadfast leadership, Peter has defined best practices for new business pitches and integrated client models that have allowed Omnicom to gain and retain wins with some of the world’s top brands,” said John Wren, Chairman and CEO of Omnicom. “His unwavering dedication to the company has been felt well after his decision to transition to academia as he played an instrumental role in identifying the new team that will succeed him. We thank him for his countless contributions over the years and wish him all the best as he pursues his passion for higher education.”

Prior to his corporate role, Sherman spent 17 years at Omnicom’s BBDO, most recently as EVP, Managing Director of BBDO Europe, where he led a region consisting of 35 offices across 18 countries from headquarters in Milan and Paris. While he was in Europe, those offices experienced consistent year-on-year growth, won multiple pan-European pitches, and BBDO was named the most creative network in Europe for the first time. Before moving to Europe, Sherman held leadership positions at both BBDO’s San Francisco and New York offices.

To stay up to date on Omnicom’s upcoming announcements, visit omnicomgroup.com.

About Omnicom Group Inc.

Omnicom’s TBWA\Worldwide Acquires Innovation Agency dotdotdash, Further Building on Its Experience Strategy and Design Capabilities

Posted on September 28, 2022September 28, 2022 by Amanda Granath

he acquisition signals TBWA’s evolution into a brand experience company and a partner for brands beyond traditional advertising services

NEW YORK, Sept. 28, 2022 /PRNewswire/ — TBWA\Worldwide, part of Omnicom Group Inc. ( NYSE: OMC), today announced that it has acquired the business of innovation agency dotdotdash, adding deeper experience design and immersive technology capabilities to the top-ranked global creative collective.

Headquartered in Portland, dotdotdash specializes in building future-forward brand experiences at the intersection of culture and technology, with expertise in extending brand ideas into new spaces and places. With employees in Portland, Los Angeles, New York and other markets, dotdotdash has worked with clients including adidas, PepsiCo, The North Face, and TikTok to create immersive brand experiences and technology-driven creative solutions.

Over the past 18 months, TBWA and dotdotdash have successfully collaborated across a number of projects. More recently, TBWA has started to engage dotdotdash on key global brands, including adidas and McDonald’s. This acquisition cements the relationship between the two companies, while bringing a more flexible working model that helps TBWA tap a vast set of highly specialized skills for clients on an as-needed basis.

Commenting on the acquisition, Troy Ruhanen, CEO of TBWA\Worldwide said, “dotdotdash brings some of the very best and most imaginative experience design and creative tech capabilities to TBWA. By combining dotdotdash’s bleeding-edge capabilities with our own, we will accelerate our ability to deliver disruptive brand experiences and continue to pioneer our clients into new spaces.”

Luke Eid, Chief Innovation Officer, TBWA\Worldwide and the leader of TBWA’s innovation practice NEXT, added “dotdotdash sits right at the convergence of physical and digital⏤blending both to imagine new kinds of disruptive brand experiences. They have an equal love for the role of brands and disruptive ideas in creating distinctive experiences that break from the sea of sameness.”

Kyle Bañuelos, dotdotdash co-founder and CEO, will continue leading the company as Managing Director⏤alongside partners Billy Vinton, Executive Director, Operations and Adam Paikowsky, Executive Director, Technology⏤as it scales as a distinct offering within the TBWA collective. dotdotdash will also become part of TBWA’s innovation practice NEXT, which focuses on how shifts in culture, tech and human behaviors are shaping the future of brand experiences. dotdotdash’s strategy, experience design and creative tech capabilities will further enhance TBWA’s abilities to ideate and deliver inventive brand experiences, while TBWA will provide dotdotdash a platform to elevate and scale their capabilities, at a time when clients are looking for agencies that can bridge big-brand thinking rooted in commercial growth, with deep technical expertise that is tailored to emerging tech and consumer behaviors.

Operating as its own brand within the TBWA collective, dotdotdash will round out TBWA’s existing experience design centers of excellence, while working closely with LA-based content and production studio BeGrizzlee.

Bañuelos added, “As we collaborated with TBWA on various projects over the past year, it’s clear we share the same vision for where the industry is headed⏤creativity that influences product and services, experience design and new forms of communications. That alignment, along with the opportunity to fuel our future growth with the brand thinking and global reach of TBWA, was exciting, as is the opportunity to be the tip of the spear to NEXT. We’re already working together to help our shared clients get to the future faster and are looking forward to doing more incredible things across multiple business units and capabilities.”

Notably, dotdotdash has spearheaded global activations for The North Face and PepsiCo; was responsible for bringing Industrial Robotics to Broadway; and executed the first-ever XR stunt within College Football on behalf of Xbox’s Halo franchise.

Alongside its proven track record of developing groundbreaking work, dotdotdash will bring experience-driven perspective and maker talent to TBWA, with multidisciplinary staff joining the 10,000+ creative minds across the TBWA collective. Their unique backgrounds across the art, architecture and computer science landscape will add greater depth and reach to the company’s experience design capabilities.

About dotdotdash

dotdotdash is an innovation company building future-forward brand experiences at the intersection of culture x technology. A collective of curious rebels, we combine deep knowledge with realistic optimism to push tomorrow’s mediums to today’s culture on behalf of our partners.

About TBWA\Worldwide

TBWA is The Disruption^® Company. We use creativity to help businesses challenge the status quo and capture an unfair share of the future. Named one of the World’s Most Innovative Companies by Fast Company in 2022, 2021, 2020 and 2019, and Adweek‘s 2021 Global Agency of the Year, we are a disruptive brand experience company that uses trademarked Disruption^® methodologies to help businesses address their challenges and achieve transformative growth. Our collective has 10,000+ creative minds in 41 countries, and also includes brands such as Auditoire, Digital Arts Network (DAN), eg+ worldwide, GMR, TBWA\Media Arts Lab, TBWA\WorldHealth and TRO. Global clients include adidas, Apple, Gatorade, Henkel, Hilton Hotels, McDonald’s, Nissan and Singapore Airlines. Follow us on LinkedIn, Twitter and Instagram. TBWA is part of Omnicom Group ( NYSE: OMC)

Omnicom Named World’s Most Effective Agency Holding Company

Posted on September 28, 2022September 28, 2022 by Amanda Granath

NEW YORK, Sept. 28, 2022 /PRNewswire/ — Omnicom Group Inc. ( NYSE: OMC) has been recognized as the most effective marketing communications company in the world in the 2021 Global Effie Effectiveness Index. The Effie Awards are one of the industry’s most prestigious honors celebrating “ideas that work” in the industry.

Four Omnicom agency networks – BBDO Worldwide, DDB Worldwide, OMD and TBWA\Worldwide – placed in the top six of the Most Effective Agency Network category. At the local level, DDB Colombia, Sancho BBDO and Colenso BBDO ranked in the top ten of the Most Effective Agency Offices in the world.

These notable rankings demonstrate Omnicom’s standout talent among the 4,500 global finalists involved.

“This is an incredible honor to be recognized by the Effies, especially during a very difficult period where our people had to contend with a global pandemic among other geopolitical challenges,” commented John Wren, Chairman and CEO of Omnicom Group. “I’m so proud of all of our winners and want to congratulate them. Our ranking is a reflection of our people’s dedication to upholding the most effective and creative work in the industry.”

“The 2021 Effie Index reflects work achieved during one of the most challenging periods in recent history. The brands and agencies included in these rankings have shown a relentless commitment to marketing effectiveness, and represent the tenacity, agility and creativity across our global industry,” said Traci Alford, Global CEO, Effie Worldwide. “Congratulations to all of the top ranked companies for continuing to deliver ideas that work and grow your businesses.”

About Effie
Effie is a global 501c3 non-profit whose mission is to lead and evolve the forum for marketing effectiveness. Effie leads, inspires and champions the practice and practitioners of marketing effectiveness through education, awards, ever-evolving initiatives and first-class insights into marketing strategies that produce results. The organization recognizes the most effective brands, marketers and agencies globally, regionally and locally through its 50+ award programs across the world and through its coveted effectiveness rankings, the Effie Index. Since 1968, Effie is known as a global symbol of achievement, while serving as a resource to steer the future of marketing success. For more details, visit effie.org.

SOURCE Omnicom Group Inc.

TBWA Strengthens Global Talent Team with Two Promotions

Posted on September 22, 2022 by Amanda Granath

Rhonda George-Denniston elevated to Chief Learning and Development Officer and Monica Torres to Executive Director, Global Recruiting

NEW YORK, Sept. 22, 2022 /PRNewswire/ — TBWA\Worldwide today announced the promotion of Rhonda George-Denniston to Chief Learning and Development Officer and Monica Torres to Executive Director, Global Recruiting.

Both are new roles for the company and signal TBWA’s commitment to attracting, growing and retaining the world’s best creative talent by offering an unparalleled employee experience that places a premium on learning, development and growth.

As Chief Learning and Development Officer, George-Dennison leads TBWA’s talent development strategy, ensuring key talent is retained and thriving throughout their careers. Focusing on a systematic and interactive learning approach, she will advocate for individual growth plans, while leading TBWA’s signature learning and development programs, which span the full career lifecycle from entry level to the C-suite.

Since joining TBWA in 2001, George-Dennison has risen the ranks at TBWA, bringing years of experience and knowledge to TBWA and the people across the collective. In the last year, to create greater access to learning and development, she spearheaded the launch of TBWA\U—the company’s open-access learning platform—which is open to all and enables anyone to take control of their own career journey.

“Rhonda’s mission is to help people be their best selves,” said Amie Miller, Chief Talent Officer, TBWA\Worldwide. “Her energy, entrepreneurialism and ability to truly listen and foster a deep sense of connection have been invaluable to the people of our collective always, but especially over the past two and a half years. She continues to innovate and to tirelessly advocate for our people. At a time when people want different things out of their work experience and have changing aspirations, having Rhonda at the helm is even more critical.”

“I’m immensely proud and humbled to be TBWA’s first Chief Learning and Development Officer,” added George. “Over the years we have meticulously crafted a portfolio of development initiatives for our people. Today, it’s a new frontier in preparing our pirates to be future-ready; it’s challenging, it’s exciting, and I’m looking forward to working with my team, our leadership team and members of our collective to continue the work of expanding growth opportunities for our people to be life-long learners, thriving personally and professionally at TBWA.”

Torres joined TBWA\Chiat\Day NY in 2017 to lead the agency’s recruitment efforts. She has been integral in leading the agency’s effort to make the recruitment processes more objective by conducting extensive interviewer training and changing the company’s interview process to reduce bias in hiring.

In her new global role, she will lead TBWA’s high priority global searches, support global client talent needs, and lead the agency’s strategy for global talent mobility, ensuring the best talent can grow in the collective by having access to open roles across markets, disciplines and geographies.

“Monica understands the dynamics of an agency, clients and brands, and what makes for highly effective and fulfilled teams,” added Miller. “One of her gifts is to look outside of the conventional path to find talent in a parallel but different industry who would thrive in our creative organization. She understands what motivates people, and her rigor, positivity and dedication is unparalleled. We’re thrilled she is now working across our collective.”

Earlier this year, TBWA’s proprietary Future of Creative Work research found that compared with the general employee benchmark, the industry’s creative talent are significantly less likely to be satisfied with their work/life balance (55%, compared to a 64% global benchmark), and more likely to feel burned out or discouraged. George-Denniston and Torres will work with Miller, along with the collective’s talent leads and executive leadership, to drive the company’s employee experience agenda to meet the needs of modern talent.

For more information about working with The Disruption® Company, please see some of our open positions on TBWA’s LinkedIn.

About TBWA Worldwide

TBWA is The Disruption® Company. We use creativity to help businesses challenge the status quo and capture an unfair share of the future. Named one of the World’s Most Innovative Companies by Fast Company in 2022, 2021, 2020 and 2019, AdAge’s 2022 Agency Network of the Year and Adweek’s Global Agency of the Year in 2021, we are a creative company that uses trademarked Disruption® methodologies to help businesses address their challenges and achieve transformative growth. Our collective has 10,000+ creative minds in 41 countries, and also includes brands such as Auditoire, Digital Arts Network (DAN), eg+ worldwide, GMR, TBWA\Media Arts Lab, TBWA\WorldHealth and TRO. Global clients include adidas, Apple, Gatorade, Henkel, Hilton Hotels, McDonald’s, Nissan and Singapore Airlines. Follow us on LinkedIn, Twitter and Instagram. TBWA is part of Omnicom Group ( NYSE: OMC).

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.

SOURCE TBWA\Worldwide

Omnicom Expands eCommerce Capabilities

Posted on September 22, 2022September 22, 2022 by Amanda Granath

Transact will offer leading eCommerce and eRetail services powered by Omni

NEW YORK, Sept. 22, 2022 /PRNewswire/ — Omnicom Group Inc. ( NYSE: OMC) today announced Transact, a dedicated practice focused on connected-commerce consulting and eRetail execution services. Transact will drive sales and grow market share on eRetail platforms, capitalizing on Omnicom’s recently announced partnerships with Amazon, Instacart, Kroger and Walmart Connect.

“eCommerce and eRetail are at the center of our clients’ growth and transformation agendas. In scaling Transact, we are strengthening our leading capabilities for our clients, helping them convert every consumer touchpoint into a new opportunity for growth,” said John Wren, Chairman and CEO, Omnicom.

Transact is the group’s most recent investment in eCommerce services and is on the heels of Omnicom receiving the highest possible scores for retail and commerce media in “The Forrester Wave™: Global Media Management Services, Q3 2022” by Forrester Research, Inc.

“Transact adds to our best-in-class eCommerce services in digital transformation and MarTech consulting, CRM and precision marketing, creative content and campaign activation, and media. Together, we provide clients a full funnel view of commerce to inspire, explore and execute marketing communications. We will continue to strategically invest and pursue acquisitions to further enhance our capabilities,” added Wren.

Leading Transact is CEO Frank Kochenash, a recognized industry leader and former executive at Amazon, McKinsey and prior President of Wunderman Thompson Commerce who joined Omnicom in March 2022.

“Our clients demand eCommerce expertise, but they also realize eCommerce must be coordinated with their overall marketing and sales activities to be most effective. Our dedicated and experienced Transact team helps clients drive eCommerce share and sales and enables multi-platform and retail success,” says Kochenash.

Transact’s eCommerce consulting and eRetail execution services include retail media and analytics, catalog management, content optimization, as well as account management and operations to meet the growing client demand for commerce services. Transact’s services are powered and connected by OmniCommerce, part of Omnicom’s industry-leading orchestration platform Omni, which provides a single view of the consumer journey and precise data-driven insights about where to invest to drive growth.

About Transact
Omnicom Transact (www.omctransact.com) an eCommerce practice focused on connected commerce consulting and eRetail execution services. Its core eRetail services include strategic account management and operations, catalog management, content strategy, creation, and optimization as well as retail media advanced analytics. Transact uses OmniCommerce, part of the Omni marketing orchestration platform, which provides a single view of the consumer journey and precise data-driven insights to deliver best-in-class performance and innovative new approaches to eCommerce.

SOURCE Omnicom Group Inc.

Anxiety and Depression Association of America (ADAA) Taps Ketchum as Agency of Record in Time of Growing Mental Health Need

Posted on September 19, 2022September 19, 2022 by Amanda Granath

NEW YORK, Sept. 19, 2022 /PRNewswire/ — The Anxiety and Depression Association of America (ADAA), an international, nonprofit membership organization for mental health professionals and provider of public resources, announced it has selected communications consultancy Ketchum as its agency of record (AOR) following a competitive pitch. The team from Ketchum’s Washington, D.C., marketplace will lead the account, and the remit includes enterprise communications, executive visibility, earned and paid social media and digital campaigns, corporate partnerships and event planning — including for the esteemed Anxiety & Depression Conference on April 13-16, 2023, in Washington, D.C.

“The Ketchum team is uniquely qualified to help our organization at this important time of growth and transition,” said Susan Gurley, executive director, ADAA. “Their professional experience — and passion — for our work is why we selected them as our partners. The creativity of their ideas and strategic approach will help us advance our mission to find new treatments and, one day, prevent and cure anxiety, depression, OCD, PTSD and co-occurring disorders.”

As AOR, Ketchum will help to further establish ADAA’s mental health leadership and enlist more members, spokespeople and sponsors for the organization. The Ketchum team will work to identify key areas of need where ADAA can uniquely contribute to helping break mental health stigma and expand access to therapy and care. Through their multidisciplinary approach, the team will bring together clinicians and researchers with diverse backgrounds in medicine, psychology, social work, counseling, nursing, neuroscience, genetics, epidemiology and more.

“There is a tremendous public health need to better address today’s increasing mental health challenges,” said Michelle Baker, executive vice president, Health at Ketchum. “We are proud to have been chosen to partner with ADAA to help mental health professionals keep up with growing demand and evolving science and provide impactful resources for the public. Our team is dedicated to this work and to making a difference for patients, families and communities struggling with anxiety, depression and conditions including PTSD.”

About ADAA
Founded in 1979, the Anxiety and Depression Association of America (ADAA) is an international nonprofit membership organization (with more than 1,500 international mental health professional members) and a leader in education, training, and research for anxiety, depression, and related disorders. More than 11 million people visit the ADAA website annually to find current treatment and research information and to access free resources and support. Visit www.adaa.org to learn more.

About Ketchum
The winner of 136 Cannes Lions, Ketchum is one of the most creatively awarded firms in our industry. We’re equal parts human-centered and business-focused, empathetic and intelligent. As a global communications consultancy, we combine the deep industry and specialty expertise of boutique firms with global reach to find unexpected connections that lead to lasting relationships and work that matters. For more information on Ketchum, a part of Omnicom Public Relations Group, visit www.ketchum.com.

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, language strategy, global health strategy and change management. As the largest group of communications professionals in the world, our employees provide 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 Communications Consultancy Network, a division of Omnicom Group Inc. ( NYSE: OMC).

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.

SOURCE Ketchum Inc

Tracy-Locke Names Curt Munk Chief Strategy Officer

Posted on September 14, 2022September 14, 2022 by Amanda Granath

Munk joins Tracy-Locke from VMLY&R Commerce to lead the agency’s strategic vision and further strengthen Compelling Commerce offerings

CHICAGO, Sept. 14, 2022 /PRNewswire/ — Curt Munk is joining Tracy-Locke, a leading commerce and communications agency, as Chief Strategy Officer (CSO). This is the latest move in a set of strategic business decisions for the agency that started with the naming of Tina Manikas as President last June, followed by its expanded executive leadership board last September, and most recently, the agency’s ‘Compelling Commerce’ repositioning in August.

As CSO, Munk will lead strategy and CX planning teams across all global offices, focusing on creating Compelling Commerce strategies that inspire innovation and shape the future for Tracy-Locke’s clients.

“We’re at an exciting crossroad for Tracy-Locke as we start to culminate the strategic business decisions we’ve made this past year,” Manikas said. “As we continue to drive Tracy-Locke into its next era, I’m thrilled to welcome Curt Munk to our executive leadership board. After working together previously, I know his tireless push for innovation at every level and deep strategic commerce marketing knowledge will continue to shape our capabilities and focus on creative excellence and forward thinking – all with Compelling Commerce at the center.”

Munk’s creative approach to commerce is driven by his background in behavioral economics and strategic planning that applies human insights across cultural, social, technological, and economic arenas to guide consumers to buy. At Tracy-Locke, he will use his expertise connecting consumer behavior to Compelling Commerce solutions via sound strategy, new tools and capabilities that accelerate brand growth. His short-term priorities include developing deeper full-funnel commerce solutions for consumers and brands, helping the agency re-center on the principles of Compelling Commerce, and building a strategic culture of innovation.

“Our industry is at a turning point where the skills and knowledge that got us to commerce success in 2022 serve as an exciting foundation for the skills and capabilities that are now required for commerce success moving forward,” Munk said. “This is why the idea of Compelling Commerce drew me to Tracy-Locke as a refreshing vision with potential to make a real impact on the industry. I consider myself a passionate student of shopper behavior and appreciate Tracy-Locke’s roots in creativity that drives innovation.”

Before joining Tracy-Locke, Munk led the innovation and thought leadership practice at WPP’s VMLY&R COMMERCE with additional experience leading the strategic planning groups at several global agencies, including FCB Global, Epsilon (Ryan Partnership) and Saatchi & Saatchi X. His global commerce expertise includes shopper marketing, retail shop design, DTC and e-commerce, packaging, promotion, influencer marketing and merchandising solutions for many major brands, including Coca-Cola, Nestlé Purina, ABInbev, P&G, Walmart and SAMSUNG, among others.

About Tracy-Locke:

Tracy-Locke is an award-winning, global commerce and communications agency bringing an unmatched level of empathy, technology and creativity to design experiences that compel conversation and conversion, building brands at the speed and scale of commerce. A pillar of the Omnicom Commerce Group, Tracy-Locke offers full-service capabilities ranging from innovation to implementation. Clients include PepsiCo, Kellogg’s, Diageo, Godiva, Pizza Hut, LEGO, and Samsung. For more information, visit www.tracylocke.com.

Omnicom Commerce Group

Tracy-Locke is part of Omnicom Commerce Group (OCG), a global community of four award winning commerce agencies, working with brands and retailers to offer best in class consultancy, creativity and capability focused on driving increased conversion and transaction.  OCG’s priority is to address the need for innovative multi-channel commerce expertise in the rapidly evolving world of retail and shopping.  OCG encompasses Haygarth, The Integer Group, TPN and Tracy-Locke together employing 1800 people across 22 markets – for more information please visit www.omnicomcommercegroup.com.

OCG is part of the DAS Group of Companies, a division of Omnicom Group Inc. ( NYSE: OMC) 

SOURCE Tracy-Locke