Omnicom Group Schedules First Quarter 2019 Earnings Release and Conference Call Posted on April 11, 2019December 11, 2020 by Revanth Ravish NEW YORK, April 11, 2019 /PRNewswire/ — Omnicom Group (NYSE: OMC) will publish its first quarter 2019 results on Tuesday, April 16, 2019. The company will host a conference call to review first quarter results on Tuesday, April 16, 2019 at 8:30 AM (ET). The dial-in numbers for the conference call are (800) 230-1074 (domestic) and (612) 234-9960 (international). In addition, the conference call will be simulcast and archived at https://investor.omnicomgroup.com/investor-relations/news-events-and-filings. 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 100 countries. Follow us on Twitter for the latest news. View original content:https://www.prnewswire.com/news-releases/omnicom-group-schedules-first-quarter-2019-earnings-release-and-conference-call-300831033.html SOURCE Omnicom Group
Synergy Worldwide Opens New Office In Manhattan Posted on April 4, 2019December 11, 2020 by Revanth Ravish Synergy Worldwide today announces the official opening of its newest office in Manhattan, further expanding US operations. An industry-leading medical communications agency and part of the DDB Health network, Synergy Worldwide already has a well-established US headquarters in Philadelphia. Extending operations to include New York will allow Synergy Worldwide to strengthen its offering to US-based clients, as well as those international companies headquartered in the area. “Creating a hub in New York is a logical step in our business growth strategy,” said Nina Hinchcliffe, Global President, Synergy Worldwide. “We have built an enviable reputation, maintaining enduring client relationships over the last 20 years, whilst continuing to build new ones as our business has grown.” She added: “Our success lies in the fact that we don’t believe in just providing off the shelf solutions. We have some very smart people, who have an affinity for complex science and data, can engage with leading expert opinion, and then combine this with a deep insight into the science of human nature, real-life behaviours, learning preferences and geographic nuances, to develop bespoke high-profile campaigns that deliver measurable results.” Josh Prince, Chief Marketing Officer at Omnicom Health Group said: “We are pleased to be welcoming Synergy Worldwide to its new office. Not only does it bring the Synergy team physically closer to other agencies in our network, it will also lead to improved connection and collaboration, something which will undoubtedly deliver benefits for clients.” Hinchcliffe added: “This is an exciting time for us and is a clear statement of our intent to continue to grow our operations worldwide. We plan to share more good news soon about the growth of Synergy Worldwide and our plans for further expansion.” For further information about our business or becoming a client please contact Barbara Mische, President, Synergy Worldwide US on +1 917 816 4331 or Ailsa Stewart, Managing Director, Synergy Worldwide London, +44 (0)208 334 2050. About Synergy Worldwide Synergy Worldwide (www.synergymedical.co.uk) is a health care communications and medical education agency, with its global headquarters in London, UK. With over 100 people working out of its three offices, Synergy delivers industry leading medical education programmes for its clients, based on a secret recipe that mixes a deep knowledge of science and data, with an understanding of the science of human nature. About DDB Health DDB Health (www.ddbhealth.com), part of the Omnicom Health Group, is a global network of healthcare communications companies dedicated to helping clients use creativity—and creative technology—as a force for good health. Through deep insight into customers, channels, and behaviour, DDB Health creates meaningful change on behalf of important healthcare brands. About Omnicom Health Group Omnicom Health Group (www.omnicomhealthgroup.com) is a global collective of communications companies with more than 3,200 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 100 clients in over 55 offices worldwide. 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 100 countries. Follow us on Twitter for the latest.
Omnicom’s Daggerwing Group named as a top 10 global leader in communications and change management consulting in 2019 ALM report Posted on April 4, 2019December 11, 2020 by Revanth Ravish In just one year, Daggerwing’s global rating jumped from #19 to #8 in relative ability to create impact for clients NEW YORK – April 4, 2019 –Daggerwing Group, part of Omnicom Group, (NYSE: OMC), has been named a top 10 rated global leader in communications and change management consulting in ALM Intelligence’s 2019 Vanguard report. The ALM Vanguard of Communications and Change Management Consulting Providers reportannually assesses firms in terms of their relative ability to create impact for their clients. After being rated as #19 for the first time in 2018, Daggerwing has jumped into the global leader category and is rated #8 for client impact. Other 2019 leaders named by ALM include Boston Consulting Group, McKinsey, PwC, Deloitte, EY, KPMG, North Highland and Eagle Hill Consulting. Omnicom is the only global marketing and communications network to have a change consultancy in the top ten. “Daggerwing joins the ranks of the Vanguard leaders for the first time this year for two key reasons. As a creative design firm with global reach, Daggerwing knows how to leverage the power of marketing and branding to enable behavioral and culture change,” says Liz DeVito, Associate Director, Management Consulting Research with ALM Intelligence in the report. “As a change consultancy, the firm brings a strategic, economical, business-led approach to change that resonates with its C-Suite clients.” In the capability area of strategy, Daggerwing Group claims the Best in Class spot. “Daggerwing has a unique ability to combine creative, insightful thinking with experience design to stimulate the executive imagination and identify strategic opportunities for change,” DeVito continues. “The firm is equally adept at answering client’s high-level questions about the impact of digital transformation on their future market position as it is in leveraging data analytics to help them look at their business through the eyes of employees and customers.” “Our people love coming to work every day knowing they get to make a difference in the most powerful way – by changing the behavior of our clients’ customers and employees,” says Daggerwing Group CEO, Ewan Main. “This achievement belongs to our people around the world, and the great clients who trust Daggerwing to help them with their biggest transformation challenges.” The study notes that over the past year, Daggerwing has expanded the context and scope of its services to address the challenges all executives and business leaders face as they cope with change across a range of business transformations, from cultural and organizational to customer-centric and digital. About Daggerwing Group Daggerwing Group, an Omnicom Group company, founded in 1999, is a global change consultancy operating in North America, EMEA and APAC. Daggerwing believes that a company’s pace of growth is tied to customer and employee behavior change. That’s why Daggerwing helps companies accelerate growth by changing customer and employee behavior, fast. Daggerwing helps clients deliver on their brand promise to customers, activate culture to improve business results, implement organizational and process change, and inspire and equip employees to improve performance. About ALM Intelligence ALM Intelligence, a division of ALM Media LLC, supports legal, consulting, and benefits decision-makers seeking guidance on critical business challenges. Their proprietary market reports and analysis, rating guides, prospecting tools, surveys, and rankings, inform and empower business leaders to meet business challenges with confidence. Please visit alm.com/intelligence for more information. For further information, contact: Lauren Southard Daggerwing Group 917-472-3707 [email protected]
Omnicom Launches A New Center Of Excellence Focused On Commerce Posted on March 28, 2019December 11, 2020 by Revanth Ravish NEW YORK, March 28, 2019 /PRNewswire/ — Omnicom Group Inc. (NYSE: OMC) today announced that it has formed a new center of excellence to advance its commerce capability, “Omnicom Retail Group (ORG)”. The new group is focused on driving client growth by leveraging expertise to increase conversion and transaction both online and offline, and it brings together five-award winning agencies with exceptional creativity, strategic thinking and deep client and category experience – The Integer Group, TracyLocke and Haygarth, TPN and The Marketing Arm. The agencies employ over 2,500 people across 19 markets. The ORG agencies will continue to operate independently but work collectively to invest in advanced shopper knowledge and drive innovation and thought-leadership in shopper and retail marketing. ORG will also facilitate expertise across Omnicom Group, providing bespoke multi-channel consultancy as well as specialist teams in key priority areas such as e-commerce and social commerce. The group is looking to increase investment and access to shopper and transactional data and is working to maximize the opportunity via the new “Omni” people-based, precision marketing and insights platform. Dale Adams, Chairman & CEO of the DAS Group of Companies said, “We recognize that commerce today requires an innovative multi-channel approach, and this is a new modern integrated model for us to better deliver sales expertise to our clients.” Sophie Daranyi, formerly Chairman & CEO of Haygarth, a creative agency specializing in brand, shopper and retail marketing, has been tapped to become CEO of ORG reporting to Adams. Daranyi comments, “ORG’s focus is on driving client growth through advanced understanding of shopper behavior, developing deeper insights and providing impactful creative solutions across all relevant touchpoints, with the ultimate end-goal of increased online and offline transaction and conversion.” Daranyi has nearly three decades of retail and brand marketing experience from both client and agency side, driving strategy and leading campaigns for clients including L’Oréal and Disney as well as retailers such as Signet and Vodafone. “Sophie is an experienced leader and practitioner and has a clear strategy of how we can better combine our expertise to address clients’ commerce needs,” said Adams. “She will work across Omnicom Group and directly with clients to drive innovation and growth and work to facilitate increased channel collaboration.” Speaking on behalf of the agencies, TPN CEO Sharon Love said, “We have exceptional capability across our companies and the shopper and commerce expertise at Omnicom has never been stronger. By co-operating together as part of ORG, we all believe that we will be able to further accelerate growth and innovation.” More information can be found at www.omnicomretailgroup.com. ABOUT OMNICOM RETAIL GROUP Omnicom Retail Group is a collective of best in class consultancy, creativity and capability in retail, shopper and commerce marketing, focussed on driving sales growth through increased online and offline conversion and transaction. Formed to address the need for innovative multi-channel commerce expertise in the rapidly evolving world of retailing and shopping, ORG combines world class shopper capability and facilitates expertise across Omnicom Group. ORG brings together five award-winning agencies – The Integer Group, TracyLocke and Haygarth, TPN and The Marketing Arm. Employing over 2,500 people across 19 markets. The group also facilitates expertise across Omnicom Group providing multi-channel commerce consultancy and specialist teams. For more information please visit www.omnicomretailgroup.com 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 100 countries. Follow us on Twitter for the latest news. SOURCE Omnicom Group Inc. Related Links https://www.omnicomgroup.com
Ketchum Named PRWeek’s Agency of the Past 20 Years Posted on March 22, 2019December 11, 2020 by Revanth Ravish NEW YORK, March 22, 2019 /PRNewswire/ — Leading global communications consultancy Ketchum was named Best Agency of the Past 20 Years at the 20th annual PRWeek Awards held last night in New York City. Speaking about Ketchum’s Agency of the Past 20 Years honor, PRWeek commented: “The achievement speaks to a consistently high level of effective and creative work across a number of clients.” The award was given to Ketchum for receiving the highest number of PRWeek Awards since they began in 1999, with 55 accolades – 10 ahead of its nearest competitor. PRWeek added, “It is particularly noteworthy that this consistent success is spread across different clients and categories. It is predicated on big ideas that not only capture the imagination of consumers and create awareness, but also move the needle for clients in terms of real business results.” Barri Rafferty, partner, president and CEO, commented on the award: “Ketchum has an incredible legacy built on outstanding talent and the client partnerships we’ve forged. My thanks to everyone who has worked for or with the agency over the past 20 years and all those who support us. I’m excited for the next 20 and all that Ketchum will achieve.” Rafferty received honorable mention in the Outstanding Agency Professional category, with PRWeek noting: “Her business savvy and focus on creativity are key reasons Ketchum has become one of the most awarded PR firms.” Ketchum was awarded five awards and two honorable mentions for its work on behalf of its clients. The award-winning client programs include: AWARD WINNERS BEST IN ARTS, ENTERTAINMENT, SPORTS AND MEDIA“webeefin?”Wendy’s with Ketchum, VMLY&R and Six Course Inc. BEST CONTENT“webeefin?”Wendy’s with Ketchum, VMLY&R and Six Course Inc. BEST IN CORPORATE SOCIAL RESPONSIBILITY“Teens Prove Their #StreetTread”Michelin with Ketchum BEST IN A CRISIS“From ‘S.O.S’ to ‘Bienvenidos:’ Puerto Rico Asks Media to #CoverTheProgress”Discover Puerto Rico with Ketchum BEST IN PUBLIC AFFAIRS“Prescribed to Death”National Safety Council with Ketchum, Energy BBDO, m ss ng p eces and PHD HONORABLE MENTIONS BEST IN HEALTHCARE“Prescribed to Death”National Safety Council with Ketchum, Energy BBDO, m ss ng p eces and PHD BEST IN B2B“Clorox Total 360 System: A Game Changer in Fighting Outbreaks”CloroxPro with Ketchum The PRWeek Awards are viewed as one of the communications industry’s highest honors. They reward the best of the best corporate, agency, nonprofit, and education teams, with only 41 trophies awarded each year. Earlier this year, Ketchum was the most awarded firm at the In2 SABRE Awards winning seven awards for its work on behalf of its clients. In 2018, Ketchum was the most awarded PR consultancy at Cannes, winning 30 Cannes Lions with its partners at the Cannes International Festival of Creativity. Also in 2018, Ketchum won its sixth PRWeek Campaign of the Year Award for its work with Frito-Lay, was named WARC’s No. 2 digital agency in the world, and was named one of the Top Places to Work in PR by PR News for the ninth consecutive year. About KetchumKetchum is a leading global communications consultancy with operations in more than 70 countries across six continents. The Holmes Report’s Creative Agency of the Year, Ketchum is the winner of 76 Cannes Lions and an unprecedented six PRWeek Campaign of the Year Awards. Ketchum partners with clients to deliver strategic programming, game-changing creative and measurable results that build brands and reputations. For more information on Ketchum, a part of Omnicom Public Relations Group, visit www.ketchum.com. About Omnicom Public Relations GroupOmnicom 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. SOURCE Ketchum Related Links https://www.ketchum.com
BBDO Tops “Best of the Best” Posted on March 18, 2019December 11, 2020 by Revanth Ravish NEW YORK, March 18, 2019 — The independent World Advertising Research Center (WARC) today released its first-ever “Best of the Best” global index of excellence, aggregating results from its Creative 100, Effective 100 and Media 100 rankings. These provide a benchmark for agency, network, holding company, brand and advertisers’ performance in the most important areas of communication success: creativity, marketing effectiveness and media excellence. They are compiled from results at the most important global and regional industry award shows and competitions. BBDO was ranked the #1 agency network in the world. BBDO New York was ranked the #1 agency, and was joined in the Top Ten by AMVBBDO in London at #4, ColensoBBDO in New Zealand at #6 and AlmapBBDO in Brazil at #10. BBDO’s parent, Omnicom, was the world’s best holding company. Being named “Best of the Best” in this inaugural WARC index caps an impressive run for BBDO. In early February, The Drum released its Directory Big Won, ranking agency performance across all marketing communication disciplines. BBDO was the #1 global agency network and BBDO New York the #1 agency. Then, WARC published its Creative 100, listing the most creative agencies, clients and brands. Again, BBDO was the #1 network (for the 13th year in a row), and BBDO New York was the #1 agency. More recently, Fast Company released its list of the World’s Most Innovative Companies. BBDO New York was selected among the Top Ten in Advertising for the second year in a row. “‘The ‘Best of the Best.’ It literally can’t get better than that when it comes to public recognition of BBDO Worldwide. I am proud of, and grateful to, our clients and all of the people in our agencies who made this happen,” said Andrew Robertson, President and CEO, BBDO Worldwide, adding, “Having four agencies from four regions all ranked in the Top Ten, including BBDO New York at No. 1, demonstrates the breadth of talent in the network.” Added David Tiltman, Head of Content at WARC, “The WARC rankings deliver independent and transparent global benchmarks in creativity, effectiveness and media. The ‘Best of the Best’ takes this one step further, to showcase the best all-round performances. We congratulate BBDO New York as the #1 agency and BBDO Worldwide as the #1 Network – a truly outstanding double achievement.” Further details can be found at https://content.warc.com/download-the-warc-rankings-best-of-the-best-report ABOUT BBDO BBDO’s mantra is “The Work. The Work. The Work.” Every day, BBDO people in 289 offices in 81 countries work day by day, job by job and client by client to create and deliver the world’s most compelling commercial content. BBDO is part of Omnicom Group Inc. (NYSE: OMC) (www.omnicomgroup.com), a leading global marketing and corporate communications company. ABOUT WARC WARC provides the latest evidence, expertise and guidance to make marketers more effective. WARC’s mission is to save the world from ineffective marketing. WARC’s clients include the world’s largest brands, advertising and media agencies, media owners, research companies and universities. They rely on WARC for rigorous, unbiased information and advice on almost any advertising and marketing issue, which WARC delivers via best practice guides, case studies, research papers, special reports and advertising trend data, as well as via webinars, awards, events and advisory services. WARC collaborates with more than 50 respected industry organizations globally including: The Advertising Research Foundation, Cannes Lions, Effie Worldwide, Association of National Advertisers, ESOMAR, 4A’s, IPA and DMA. WARC was founded in 1985, and has offices in the UK, US and Singapore. In July 2018, WARC became part of Ascential plc, the global specialist information company.
Cannes Lions Honours Jeff Goodby and Rich Silverstein with the Lion of St. Mark Posted on March 11, 2019December 11, 2020 by Revanth Ravish 13 March 2019 – The Cannes Lions International Festival of Creativity has today announced that Jeff Goodby and Rich Silverstein, founders of Goodby Silverstein & Partners, will be honoured with the Lion of St. Mark Award at the 2019 Festival. “The Lion of St. Mark is a special award that honours those who have made a significant and outstanding contribution to creativity in advertising and communications over a lifelong career. Jeff and Rich have had such a profound influence, not only through their much celebrated and creatively ground-breaking work but also by inspiring others to create great work too. Their legacy is truly remarkable, and we’re delighted to celebrate and reward them for their achievements,” said Philip Thomas, Chairman of Cannes Lions. “Their legacy is truly remarkable, and we’re delighted to celebrate and reward them for their achievements.” Philip Thomas, Chairman of Cannes Lions Both men started their careers in journalism, Jeff as a reporter and illustrator at The Boston Herald American, Time Magazine, and Mother Jones, and Rich as an art director in the heyday of Rolling Stone Magazine. After meeting at Ogilvy & Mather under Hal Riney, they started GS&P with Andy Berlin in 1983 and won their first Cannes Lion for the Mill Valley Film Festival. They went on to win numerous Lions across all metals and brand categories, encompassing an unprecedented variety of styles. Campaigns included: ‘Got Milk?’, the Budweiser lizards, ‘Invent’ for Hewlett-Packard, the E*Trade chimpanzee, Polaroid’s ‘See What Develop’, NBA’s ‘I love this game’, ‘Skateboarding’ for Nike and campaigns for Sega Games. Since 2000, the agency has excelled at creating work that transcends media. Most recently GS&P received Gold Lions for ‘I am a Witness’ (the first emoji for a social cause), the ‘Dreams of Dali’ VR experience, Chevrolet’s Sonic Launch with OKGO, and Cheetos Museum. Much of GS&P’s work has entered into the permanent collection of the Museum of Modern Art in New York. “We are proud of the ideas we’ve incubated, the friendships that have been formed, the clients met and the families that have been made possible by 35 years of this stuff.” Jeff Goodby Commenting on the award, Jeff credited GS&P’s staff and culture, “The people who have gone through GS&P have changed our industry more than Rich or I could ever have on our own. A spirit of humanity and forgiveness has made this place a launching pad for things never done before, over and over, always with new people. We are proud of the ideas we’ve incubated, the friendships that have been formed, the clients met and the families that have been made possible by 35 years of this stuff.” Named Adweek’s Executives of the Decade, Jeff and Rich have had an effect on advertising that can be seen particularly in the leaders they have created and mentored, many of whom have successfully started their own agencies. GS&P’s creative alumni include Gerry Graf (founder of Barton F. Graf), Fred Raillard and Farid Mokart (of Fred & Farid), Paul Venables (founder of Venables Bell & Partners), Jamie Barrett (founder of barrettSF) and leaders like Chris Beresford-Hill (CCO of TBWA\Chiat\Day New York), Steve Simpson (CCO of Ogilvy & Mather North America), and Karin Onsager-Birch (CCO of FCB West). “This is an amazing honor,” Rich added. “What makes Jeff and me most proud is that we’ve provided a respectful space for so many talented people to make intelligent work, raise families and have fun all at the same time.” In 2005 Jeff was Jury President of the Titanium Lions Jury, he presided over the Film, Press & Outdoor Lions Jury in 2002 and served on the Film Lions Jury in 1993. In 2009 Rich served on the Titanium and Integrated Lions Jury. Both Jeff and Rich will take part in an interview hosted by Philip Thomas during the Festival in Cannes, and the presentation of the Lion of St. Mark will take place during the final Awards Show on Friday 21 June. Further information about the Festival is available at canneslions.com. Previous Lion of St. Mark Winners 2018: Piyush Pandey, Executive Chairman and Creative Director Ogilvy South Asia and Prasoon Pandey, Director, Corcoise Films2017: David Droga, founder and Creative Chairman, Droga52016: Marcello Serpa, former Partner, AlmapBBDO2015: Bob Greenberg, Founder, Chairman and CEO, R/GA2014: Joe Pytka, Director, PYTKA2013: Lee Clow, Chairman, TBWA\Media Arts Lab, Director of Media Arts, TBWA\Worldwide2012: Dan Wieden, Co-Founder and Global Executive Creative Director, Wieden+Kennedy2011: Sir John Hegarty, Worldwide Creative Director, Founder, BBH
TBWA’S Circle of Women Leadership Development Program Expands To Include Client-Side Marketers Posted on March 8, 2019December 11, 2020 by Revanth Ravish Nissan Joins as Launch Partner, Announces Circle of Women @ Nissan Event Featuring 3% Movement’s Kat Gordon for April NEW YORK, March 8, 2019 — On International Women’s Day TBWA\Chiat\Day New York announced the expansion of its Circle of Women leadership development program to include its clients, with Nissan as the first corporate partner. TBWA\Chiat\Day New York launched Circle of Women on International Women’s Day 2018 to create a pipeline for growing female leaders within the agency. It is a tactical, actionable program that includes group training and speaker sessions, as well as executive coaching for a group of women on the cusp of leadership. By introducing and expanding the program to its clients, TBWA hopes to find new ways to attract, coach and advance top talent on both sides of the industry, helping to break down barriers and deepen partnerships by providing cross-organizational networking and leadership development opportunities. Nissan, as the first client on board, will share best practices and provide mentorship to women within the agency, while also forging partnerships with other clients within the TBWA collective and beyond. Working together, the two companies aspire to create a larger circle of women helping women rise across client and agency teams. To inform the content of the program, TBWA fielded an anonymous survey to women working on Nissan marketing across TBWA, Nissan and all Nissan United agencies. Survey results included: 80% of women ranked themselves 6 or higher on “How motivated do you feel to come to work day-to-day?” (on a scale from 1–10)68% of women said they see women colleagues or clients look out for each other in the workplace65% of women say 3 or more women at work have their back and are looking out for them65% of women have a mentor they can confide in or go to for advice Eight themes emerged as key issues for women at work. Positive themes that Circle of Women will amplify include: having a community of advocates, access to leadership, sense of career direction and strategic sharing of information and relationships (such as tactical advice on how to go after a high-profile project or promotion). Issues that the program can work to address include: addressing double standards, feeling disrespected, not seeing yourself at the top and work flexibility. The study findings will help to inform the Circle of Women program content, working to reinforce and amplify positive behaviors such as women looking out for other women in the workplace, while identifying and addressing the challenges they face. The inaugural client event, Circle of Women @ Nissan, will feature guest speaker Kat Gordon, the founder of the 3% Movement, and will take place on April 18th in New York during the week of the New York International Auto Show. Later this year, TBWA will host bespoke events for participating clients programmed to address the top priorities and needs within their organizations. Other TBWA clients will be invited to the event in an effort to unlock cross-company networking and mentorship opportunities. “We’ve had a successful first year with the Circle of Women program in New York. And while many of our clients have strong mentorship programs within their own organizations, we saw a desire from some of our clients to network with other rising leaders beyond their immediate teams, as well as with different client organizations. We’re thrilled to work with Nissan on this launch event and look forward to partnering with additional clients in the coming months to ensure the progress towards gender parity continues,” said TBWA\Chiat\Day New York President Nancy Reyes. Nissan Senior Marketing Manager and champion of Circle of Women @ Nissan, Anne McGraw, said, “Many of us working in the industry have experienced the unique challenges for women in marketing, both on the client and agency side. Nissan recognizes the value of identifying talented individuals and ensuring that they have the right support and opportunities to grow into leadership roles.” About TBWA\WorldwideTBWA is The Disruption® Company: the cultural engine for 21st Century business. Named one of the World’s Most Innovative Companies by Fast Company as well as Adweek’s 2018 Global Agency of the Year, we create disruptive ideas that locate and involve brands in culture, giving them a larger share of the future. Our collective has 11,300 creative minds across 275 offices in 95 countries and also includes brands such as Auditoire, Digital Arts Network (DAN), eg+ worldwide, GMR, The Integer Group®, TBWA\Media Arts Lab, TBWA\WorldHealth and TRO. Global clients include adidas, Apple, Gatorade, Henkel, Hilton Hotels, McDonald’s, Michelin, Nissan and Singapore Airlines. Follow us on Twitter, LinkedIn and Instagram, and like us on Facebook. TBWA is part of Omnicom Group (NYSE: OMC). About Nissan North AmericaIn North America, Nissan’s operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program and has been recognized annually by the U.S. Environmental Protection Agency as an ENERGY STAR® Partner of the Year since 2010. More information on Nissan in North America and the complete line of Nissan and INFINITI vehicles can be found online at www.nissanusa.com and www.infinitiusa.com, or visit the U.S. media sites nissannews.com and infinitinews.com.
Omnicom at SXSW 2019 Posted on March 5, 2019December 11, 2020 by Revanth Ravish South by Southwest® (SXSW®) Conference and Festival 2019, the annual music, film and interactive festival, begins this year on Friday, March 8th in Austin, Texas. Omnicom, along with several agency members from across the networks, will be featured in speaking sessions and planned events throughout the week. Highlights include: Saturday, March 9th 11:00AM | “Business and Social Justice in the Trump Era” with Ravi Sunnak, EVP, Sustainable Development Goals, Porter Novelli 3:30PM | “Humanizing Your Brand in the Robot-Era” with Howard Belk, Co-CEO and COO, Siegel + Gale Sunday, March 10th 3:30PM | “Featured Session: Roy Spence” with Roy Spence, Co-founder and Chairman of GSD&M and Founder of the Promiseland Project 5:00PM | “Wacko World and the Rise of Memelord Brands” with Sarah Rabia, Global Director of Cultural Strategy, TBWA Monday, March 11th 5:00PM | “Girl Culture” with Margaret Johnson, CCO, GS&P 6:00PM | 9th Annual GSD&M Party at the Austin Office Thursday, March 14th 11:00AM | “The Outer Limits: Tackling Inclusivity in the Media” with Soon Mee-Kim, EVP, Global Diversity and Inclusion Leader, Porter Novelli View the full list of events here.
Omnicom Celebrates International Women’s Day 2019 Posted on March 5, 2019December 11, 2020 by Revanth Ravish In honor of International Women’s Day (IWD), Omnicom agencies around the world will come together to celebrate the professional and personal achievements of women within the Omnicom family and to reflect on progress made. This includes several events hosted by Omniwomen, Omnicom’s internal organization that is dedicated to developing female leaders of tomorrow. For a comprehensive list of Omnicom’s IWD activities, check out the roundup below. If you have any questions about a particular event/campaign or inquiries on how to get involved, please reach out to Katie Beaule at [email protected]. Omniwomen Chapter Plans: On March 8th in London, Omniwomen UK + Allies will host their fifth-annual Leadership Summit. This year’s theme is “Supporting Diverse Paths to the Top”, as the event will celebrate and encourage women from all backgrounds to fulfill their potential. Around 300 employees will enjoy a day of workshops and discussions, including talks from speakers such as disability inclusion activist Dr. Caroline Casey, Ruth Hunt of Stonewall and Sophie Walker – former leader of the UK Women’s Equality Party. Omniwomen San Francisco is hosting a panel and networking session the evening of March 7th, gathering leaders of Omnicom agencies in San Francisco to talk about #BalanceforBetter and what “balance” means to them in their agencies, careers and lives. Omniwomen China (with support from TBWA\China) is creating a video titled “I’m an Omniwoman”, featuring women from diverse backgrounds sharing their experiences and supporting the Spring Bud Project, whose goal is to assist girls of poor areas of China to return to school.Omniwomen Dallas will launch its chapter on March 7th, with an event embracing the theme #BalanceforBetter.To give back for IWD, Omniwomen France (with support from TBWA\Paris) will be partnering with “La cravate solidaire”, a charity that gathers professional clothes and distributes them to unemployed women to fight against appearance discrimination during job interviews.Omniwomen NY will be hosting an event on March 7th, delivering on the IWD theme of #BalanceforBetter with a focus on self-care. Jeanette Bronee, a performance and culture strategist, international keynote and TEDx speaker and founder of Path for Life, will be featured. BBDO To amplify IWD, BBDO San Francisco has partnered with The Global Fund for Women, an organization that invests in female leaders all over the world who are fighting for women’s rights. The organization focuses on a wide range of rights, spanning from productive rights to driver’s license rights and everything in between. On March 8th, BBDO SF will launch a campaign amplifying IWD through Instagram. A multitude of celebrities and influencers, like Ashley Judd, will give up their Instagram feeds to give a voice to female leaders and activists around the world. CPM In honor of IWD, CPM offices across the globe will participate in a selfie campaign where employees will pose in the #BalanceforBetter stance using CPM-branded selfie-cards. The selfie-cards plus a recap movie will be shared on local and international social media platforms using the hashtags #IWD2019, #BalanceforBetter and #Omniwomen. In addition, local offices will have a variety of activities to recognize its female employees. Critical Mass This International Woman’s Day, Critical Mass is supporting a group of creatives who are launching #ChoiceWords, a campaign standing up to commonplace, sexist language. This campaign calls out every day microaggressions like “You’re smart for a girl” for what they are—indirectly derogatory and discriminatory messages—and challenges people to pause, choose their words better, and reverse the damaging effects these messages have on women’s self-confidence and advancement. #ChoiceWords swag will be sold starting March 8th at choicewords.shop, with a physical display at Critical Mass’ Calgary office. The swag and accessories will empower supporters while also bringing awareness to anyone within sight. Plus, every dollar raised will go directly to UN Women. DDB In honor of IWD, DDB’s North American offices will be recreating black and white photos of its fearless founders Doyle, Dane, & Bernbach. However, the images will be re-enacted by the future of DDB, a.k.a. powerful women in the agencies whose first or last names start with “D” or “B”. DDB will share these images on social media. FleishmanHillard FleishmanHillard will be celebrating the depth, dimension and diversity of women across the FH network with a video series that will highlight its female colleagues across function and geography. FleishmanHillard will promote the video series throughout the month, recognizing both International Women’s Day and Women’s History Month. New videos will be released in batches weekly (featuring 25 total women) alongside an integrated promotion strategy of its owned channels and proactive media outreach using #BalanceforBetter. GMR Marketing To raise awareness for IWD and celebrate a gender-balanced world, GMR Marketing will be scheduling activities throughout the week. The activities will start on Monday, March 5th with a business clothes drive that allows employees to donate gently-used, professional wardrobe items to Dress for Success, a non-profit organization that empowers women to achieve economic independence. The week will also include a #BalanceforBetter panel featuring women in leadership from several top companies (GE Healthcare, KPMG and Facebook) who will talk about their leadership journeys, challenges and pivotal moments in their careers. In addition, at the end of the week, the company will continue donation efforts for Dress for Success, with GMR matching the donations. GSD&M On Monday, March 1, GSD&M launched a 30-second spot in support of IWD spotlighting the powerful female pilots of the U.S. Air Force and inspiring more women to join. Watch the spot titled “Origin Story” here. #HigherFurtherFaster Interbrand/C Space/HMKM To keep the spirit of International Women’s Day alive beyond March 8th, Interbrand, C Space and HMKM will ask employees to write down at least one suggestion for change to help build a more gender-balanced world in 2019. Every office will have a stack of “I’m balanced”cards and the suggestions will be amplified on social media. Ketchum Ketchum will launch a series of short videos in which women (and men) across its network share their advice and insights about creating a more balanced future – in the workplace, at home, and in society at large. For each video made, Ketchum will donate $10 to Room to Read, a non-profit focused on girls’ education and children’s literacy in Asia and Africa. The videos will be positioned as a virtual time capsule addressed to professionals of the future, showing where we are at the current moment in women’s history and ultimately demonstrating how we as individuals are working as a Force for Good to make that future a reality. Omnicom Health Group Omnicom Health Group is celebrating IWD and Women’s History Month by recognizing the female leaders and mentors who inspired agency members. Employees will be encouraged to bring in pictures of women they admire and to watch empowering Ted Talks that focus on themes such as women in leadership. Entrée Health NY will also take part by hosting a class on celebrating women accomplishments, which is a Google initiative called #IAmRemarkable, and by holding a panel discussion with women who are increasing access to healthcare. Omnicom Media Group To amplify International Women’s Day, OMG will launch a microsite to showcase men and women from OMG offices around the world giving their thoughts on womanhood, equality, empowerment and more. The site will remain live for the month of March, Women’s History Month. PHD To promote this year’s #BalanceforBetter theme, PHD will change its social media headers to its tagline “Finding a better way balance” and share messaging about its 43% female leadership. It will also tie in its #PeopleofPHD initiative by sharing photos of female and male leadership in the #BalanceforBetter pose and sending an internal newsletter from the CEO of PHD Worldwide, Mike Cooper, on the business case for supporting gender balance. Porter Novelli In celebration of International Women’s Day, Porter Novelli will host a panel discussion on Thursday, March 7th, featuring three female leaders who will share actionable strategies for women to empower themselves to progress and thrive in their careers. The panel will focus on the most recent Women in the Workplace study published by McKinsey with Leanin.Org, which found that not only has the proportion of women at every level in corporate America hardly changed, but progress has stalled. Women remain underrepresented and are still hired less in both entry-level roles as well as management positions. The panel will be moderated by Soon Mee Kim, Global Diversity and Inclusion Lead of PN. Featured panelists include: Kendra Clarke, VP of Data Science and Product Development, Sparks & HoneyAngela Chitkara, Branding & Integrated Communications Assistant Professor, CCNYCheryl Houser, Founder & CEO, Creative Breed RAPP In honor of IWD, RAPP will be hosting a panel, that will be broadcasted to all its offices via a webinar on March 8th. The panel will feature senior female leaders across RAPP’s international network, each with a different point of view and background. The agency will also be creating IWD content for a takeover of its digital channels. Siegel+Gale In the run-up to International Women’s Day on March 8th, Siegel+Gale will be hosting an event seriesacross the globe featuring preeminent leaders who are helping to build some of the world’s most influential brands, including AT&T, Nike, Unilever and Google. Led by Siegel+Gale’s CMO, Margaret Molloy, the dual-focused conversations will explore the challenges brands face in 2019. Thirty-two influential panelists across five cities (Dubai, London, San Francisco, LA and New York) will share their personal journeys as executive leaders and the lessons they’ve learned along the way. TBWA On IWD, TBWA\Worldwide will celebrate women who have been promoted and hired across the collective in the past year with an internal film, as the company continues to push toward its Take the Lead 2020 goal. Take the Lead was launched on International Women’s Day 2015 with an initial goal of increasing the percentage of women in leadership roles by 20% by the year 2020. The company is more than 3/4 of the way to its 2020 goal, with women occupying 42% of leadership roles at TBWA globally. On a more local level: Juniper Park\TBWA will publish a series of short interviews with the agency’s senior female leaders.TBWA\Africa is hosting a Women in Management event, bringing leaders from different agencies across TBWA Africa together to network, connect and mentor each other. The Marketing Arm The Marketing Arm will host IWD celebrations across all offices, with each event featuring a poster series that showcases the agency’s empowering female leadership. A version of this content will be shared on The Marketing Arm’s social channels on IWD and throughout the month in order to highlight inspiring women leaders and tell their stories. The agency will also launch a gratitude program that allows employees across offices to congratulate and recognize the women and allies that they work with.
Omnicom Agencies Continue to Champion LGBTQ+ Inclusion Posted on February 28, 2019December 11, 2020 by Revanth Ravish Omnicom Group announces sponsorship of 2019 WorldPride celebration NEW YORK, Feb. 28, 2019 — Omnicom Group Inc. (NYSE: OMC) is proud to announce it will be working with NYC Pride as a Platinum Sponsor for the 2019 WorldPride celebration. As part of its sponsorship, Omnicom agencies will be doing in-kind work to promote this year’s historic event, which marks the first WorldPride celebration in the United States, the 50th anniversary of the Stonewall Uprising and a half-century of LGBTQ+ liberation. A number of Omnicom agencies are assisting NYC Pride in its branding and communication efforts, including Interbrand, RAPP Worldwide, Siegal + Gale, TBWA Health, Harrison & Star, FleishmanHillard, Ketchum, Porter Novelli and RxMosaic. Awareness, acceptance and advocacy of the LGBTQ+ community is a staple of Omnicom’s diversity & inclusion efforts. In early 2017, the company expanded its existing ERG known as the Omnicom People Engagement Network (OPEN) to include OPEN Pride, a network whose goal was to fuel the personal growth, organizational inclusion and business success of Omnicom’s LGBTQ+ employees and allies. Since its initiation two years ago, OPEN Pride has expanded to 11 chapters across the globe and has several others in the works. At this year’s World Economic Forum meeting in Davos, Omnicom was also a part of the consortium of multinational companies who launched the Partnership for Global LGBTI Equality, a multi-stakeholder initiative that aims to accelerate LGBTI workplace inclusion globally. “2019 is a year of remarkable milestones for the LGBTQ+ community, and when we considered the foundation of support and inclusivity we’ve built internally, it became clear we had a chance to do something greater by going beyond our own walls and participating in this year’s NYC Pride celebration,” says Tiffany R. Warren, SVP and Chief Diversity Officer of Omnicom. “We’re honored that we can celebrate our LGBTQ+ employees and show support for the greater community the best way we know how: through our work.” Omnicom’s sponsorship with NYC Pride is just one of the many ways the company has tapped into its talent to offer support to the LGBTQ+ community, its advocacy groups and its nonprofit organizations. In one specific case, Omnicom’s UK OPEN Pride chapter created an annual global challenge where agencies could pick a local LGBTQ+ charity of their choice and create Pride related campaigns with them. In Mumbai, the DDB team created an Open Closet campaign with the oldest LGBTQ organization in India, the Humsafar Trust, so they could help educate people on LGBTQ+ life experiences. At RAPP London, employees teamed up with Mermaids, an advice and information service for young transgender people and their families, to create a more direct, online route to information parents are looking for as they support their trans children. “NYC Pride has the great and unique opportunity to celebrate the global successes of the LGBTQ+ movement, and we’re honored we can do so by hosting WorldPride events that will inspire, educate and unify our diverse community,” says Chris Frederick, Managing Director of NYC Pride. “Through the outstanding branding and promotional efforts by Omnicom agencies, we’ve been able to capture the essence of this paramount year, which is one of both reminiscing and looking ahead, commemorating yet progressing. Together, we’re building excitement and anticipation for what’s bound to be an extraordinary month of activities.” With over 25 events spanning across the entire month of June, this year’s WorldPride is set out to be the largest Pride celebration in the world. From rallies to parties to lectures, attendees will have countless ways to get involved and celebrate the “Millions of Moments of Pride,” this year’s theme for the annual event. To find out more about NYC Pride and to discover the full list of WorldPride and Stonewall 50 events, please visit: https://2019-worldpride-stonewall50.nycpride.org/. 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 100 countries. Follow us on Twitter for the latest news. About Heritage of PrideHeritage of Pride, Inc. is the volunteer-directed organization behind the official NYC Pride roster of events. Heritage of Pride’s mission is to work toward a future without discrimination where all people have equal rights under the law. We do this by producing LGBTQIA+ Pride events that inspire, educate, commemorate and celebrate our diverse community.
BBDO New York Tops The WARC Creative 100 Rankings As The Most Creative Agency In The World Posted on February 25, 2019December 11, 2020 by Revanth Ravish BBDO is the #1 Ranked Agency Network NEW YORK, Feb. 25, 2019 /PRNewswire/ — The World Advertising Research Center (WARC) has released the results of its first Creative 100, ranking the most creative agencies, networks and campaigns in the world. The WARC Creative 100 replaces The Gunn Report as the definitive benchmark for creative success based on results from the most prestigious global and regional industry competitions. BBDO New York was the top-ranked most creative agency in the world followed by AMVBBDO in London at #2. In fact, five BBDO agencies ranked among the world’s Top 20, contributing to BBDO’s overall position as the number one ranked most creative agency network. In addition to BBDO New York and AMVBBDO, Colenso BBDO in New Zealandwas ranked #8, AlmapBBDO in Brazil was #17 and CHE Proximity in Melbourne was #19. In all, 22 BBDO agencies contributed to its network results. Five BBDO-created campaigns for five different clients were among the 20 most awarded campaigns of the year. These included: “#Bloodnormal” for Bodyform/Libresse from AMVBBDO (#2), “The Talk” for P&G from BBDO New York (#8), “Live Looper” for Downtown Records also from BBDO New York (#14), “SelfieSTIX” for Pedigree from Colenso BBDO (#16) and “Prescribed to Death” for the National Safety Council (NSC) from Energy BBDO Chicago (#18). Topping the WARC Creative 100 follows news from earlier this month that BBDO and BBDO New York were also the number one network and agency, respectively, across all marketing communications in The Drum’s Big Won rankings. And just last week, Fast Company published its annual list of the World’s Most Innovative Companies. For the second year in a row, BBDO was ranked one of the most innovative companies in advertising. In December, BBDO New York was named Shoot Agency of the Year for best content production. And Contagious named BBDO to its list of 2019 Pioneers, celebrating the best and bravest agencies on the planet. “What makes me most proud of topping the first WARC Creative 100 is that it’s not just one agency or campaign. It’s multiple agencies delivering work for multiple clients across multiple forms and platforms,” said David Lubars, Chief Creative Officer, BBDO Worldwide. Added Greg Hahn, Chief Creative Officer, BBDO New York, “To be at the top of this list is a huge testament to the talent and passion of the people here across the board. It’s a recognition that everyone is on the same mission.” The WARC Creative 100 was established in 2019 as a replacement to the Gunn Report and is one of a series of rankings that will be published by WARC, offering an independent industry benchmark for creativity, media and effectiveness. This year’s WARC Creative 100 was compiled from global industry competitions including Cannes Lions, Clio Awards, D&AD, London International Awards and the One Show, along with regional competitions such as Adfest, Dubai Lynx, El Ojo de Iberoamérica, El Sol, Eurobest, Golden Drum, Loeries and Spikes Asia. 2019 marks the 13th year in a row that BBDO has topped these creative rankings as the most creative agency network – 12 under the Gunn Report and now under the WARC Creative 100. “The WARC Creative 100 delivers an independent and transparent global benchmark for the industry, shining a light on the brilliant and inspirational work produced and all those involved. We congratulate BBDO New York as #1 agency and BBDO Worldwide as #1 Network – a truly outstanding achievement,” said David Tiltman, Head of Content, WARC. BBDO’s parent, Omnicom, was the world’s best creative holding company and its global client Mars was ranked the world’s most creative advertiser. Further details can be found at www.warc.com/rankings/creative-100. ABOUT BBDO BBDO’s mantra is “The Work. The Work. The Work.” Every day, BBDO people in 289 offices in 81 countries work day by day, job by job and client by client to create and deliver the world’s most compelling commercial content. BBDO is part of Omnicom Group Inc. (NYSE: OMC) (www.omnicomgroup.com), a leading global marketing and corporate communications company. ABOUT WARC WARC provides the latest evidence, expertise and guidance to make marketers more effective. WARC’s mission to save the world from ineffective marketing. WARC’s clients include the world’s largest brands, advertising and media agencies, media owners, research companies and universities. They rely on WARC for rigorous, unbiased information and advice on almost any advertising and marketing issue, which WARC delivers via best practice guides, case studies, research papers, special reports and advertising trend data, as well as via webinars, awards, events and advisory services. WARC collaborates with more than 50 respected industry organizations globally including: The Advertising Research Foundation, Cannes Lions, Effie Worldwide, Association of National Advertisers, ESOMAR, 4A’s, IPA and DMA. WARC was founded in 1985, and has offices in the UK, US and Singapore. In July 2018, WARC became part of Ascential plc, the global specialist information company. SOURCE BBDO Worldwide
OMD Named Global Media Agency of the Year 2019 by Adweek Posted on February 25, 2019December 11, 2020 by Revanth Ravish LONDON and NEW YORK, Feb. 25, 2019 /PRNewswire/ — OMD has been named Global Media Agency of the Year 2019 by Adweek, a leading advertising industry publication. Adweek cited the company’s impressive turnaround performance following a challenging 2017 that saw the historically dominant agency fall to the bottom of major media analyst rankings. Adweek’s story details the comeback that took place during 2018 – a journey that saw OMD win or retain over $2.6b of business. “It’s a great honor to be named Adweek’s Global Media Agency of the Year. Not only did we win more than 300 pitches across all geographies last year, but at the same time we more than doubled our retention rate and improved our client ratings four consecutive times throughout 2018. We also remained the most medaled agency at the Cannes Lions Festival of Creativity. When you put all this together it is simply astonishing,” said Florian Adamski, Global CEO of OMD. “But none of this would have been possible without the hard work, talent and adaptability of our people nor the trust placed in us by our clients and partners. I’m incredibly proud of what we have achieved and look forward to building on this foundation in 2019 and beyond.” According to Adweek’s story, the turnaround began with key leadership changes including the appointment of Florian Adamski to Global CEO in late 2017 and the subsequent development of a new brand promise and competitive positioning, Better decisions, faster. The article further credits numerous global initiatives undertaken across the business and the joint introduction of a new tech platform (Omni) and media planning process (OMD Design) with the turnaround. The story concludes that, after years of global dominance, despite a difficult 2017, OMD, whose clients include McDonald’s, PepsiCo, Apple and the Renault Nissan Alliance, among many others, has delivered an unprecedented comeback and is once again at the top of its game. OMD combines innovation, creativity, empathy and evidence to make Better decisions, faster on behalf of our clients. With over 12,000 people working in over 100 countries, OMD is the world’s largest media network. OMD is currently ranked the world’s most effective media agency network in the Effie Effectiveness Index. OMD is an Omnicom Media Group agency and part of Omnicom Group. Omnicom Media Group is the media services division of Omnicom Group, Inc. (NYSE: OMC). For more information please visit https://www.omd.com/ CONTACT: Joslyn Head, +44-(0)7866-030-979, [email protected] SOURCE OMD International
Omnicom Agencies Begin 2019 With Prestigious Industry Award Wins Posted on February 25, 2019December 11, 2020 by Revanth Ravish Omnicom agencies top the lists for WARC, Adweek, Fast Company, and The Drum NEW YORK, Feb. 25, 2019 /PRNewswire/ — Omnicom Group (NYSE: OMC) is starting the new year off strong with its agencies topping the lists of some of the marketing industry’s most prestigious innovation and creativity rankings. Earlier today, the World Advertising Research Center (WARC) announced its WARC Creative 100, an annual global index of the world’s top marketing campaigns and companies based on their business impact. Three of Omnicom’s networks ranked among the world’s top five most awarded creative networks in the industry. BBDO Worldwide came in as #1 for the 13th consecutive year, followed by DDB Worldwide as #2 and TBWA\Worldwide as #5. WARC also recognized four of Omnicom’s agencies in its ranking of the top 10 most creative agencies. BBDO New York topped the list as #1, AMV BBDO as #2, adam&eveDDB as #3 and Colenso BBDO as #8. As a result, for the second consecutive year, Omnicom Group was named the world’s most awarded holding company. “Producing brilliant creative ideas that drive business results for our clients is why we come to work every day,” said John Wren, Chairman and CEO of Omnicom Group. “It is especially gratifying to see multiple Omnicom agencies producing award-winning work for a wide variety of our clients across different platforms and geographies. I could not be prouder of our teams and congratulate them for their outstanding work.” This news comes on the heels of today’s announcement that OMD was named 2019 Global Media Agency of the Year by Adweek, a leading advertising industry publication. And just last week, Fast Company published its annual list of the World’s Most Innovative Companies. Within the advertising sector, two of Omnicom’s agencies were honored in the top 10, with BBDO New York ranked as #3 and TBWA\Worldwide ranked as #9. This was the second year in a row BBDO was featured on the list, moving up four spots from its 2018 position as #7. In addition, The Drum‘s Big Won results were released earlier this month, mirroring WARC’s results. BBDO came in as #1 for most-awarded agency network, followed by DDB as #4 and TBWA as #11. When it came to the most-awarded creative agencies, Omnicom impressively claimed half of the spots within the top 20: BBDO New York #1, DDB Chicago #6, Che Proximity #9, AMV BBDO #12, adam&eve DDB #14, Energy BBDO #15, TBWA\RAAD #16, AlmapBBDO Sao Paulo #18, DDB Group Germany #19 and DDB Group New Zealand #20. These rankings again helped earn Omnicom the prestigious title of the #1 most-awarded holding company. 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 100 countries. Follow us on Twitter for the latest news. SOURCE Omnicom Group Related Links https://www.omnicomgroup.com
Hearts & Science Names Annalect North American Chief Executive Erin Matts as New U.S. CEO Posted on February 19, 2019December 11, 2020 by Revanth Ravish Omnicom Media Group’s data-driven media agency Hearts & Science has appointed Erin Matts to U.S. CEO, effective immediately. The appointment comes after former global chief Scott Hagedorn was promoted last week to CEO of the larger Omnicom Media Group in North America. He succeeded Page Thompson, who retired after four decades with the holding company. Matts hails from Annalect, OMG’s data and analytics division, where she was North American CEO. During her time there, she drove the closer integration of data analytics across Omnicom’s creative agencies, spearheaded an effort to increase the number of women in leadership roles and helped develop and launch the Omni precision marketing platform. “As the North American CEO of Annalect, Erin has been invaluable to Hearts & Science from the moment we opened our doors three years ago—supporting every new business pitch and helping us assure continuous innovation in data and analytics,” Hagedorn said in a statement. “Her broader experiences enabling behaviorally inspired and data-informed marketing solutions for all OMG clients are the perfect credentials for leading an agency that has the word ‘hearts’ and ‘science’ in its name.” Matts is a 14-year veteran of Omnicom Media Group. She became chief digital officer of OMD in 2008 and then left the network for a few years to experience the client side of the business in roles that included svp, chief digital marketing officer at Glam Media and global director of digital connections at Anheuser-Busch InBev. Matts returned to Omnicom in 2013 to become CMO of Annalect and took over as CEO of North America when Hagedorn left to launch Hearts & Science in 2016. In a recent interview with Adweek, Matts remembered when she first joined Annalect and Hagedorn told her, “You do know what a critical role as a translator you’re going to play. Take all the sciences, all the math, and translate that into something human.” While at Annalect, Matt said she “nailed the science” part in Hearts & Science. Now, she wants to focus on the “heart” of the business by using analytics to help creatives, strategists and comms planning teams further apply that approach to the art of storytelling. Her role will require finding “the right balance” between the two, she added: creativity and science. “Scott is the ultimate visionary to me,” Matts said. “He’s always five years, 10 years, five minutes ahead of whatever conversation you’re having with him.” In the three years since its founding, Hearts & Science expanded to 25 offices in 13 countries, with five locations in the U.S. alone. It won major media accounts, including AT&T, Procter & Gamble and the WarnerMedia conglomerate. “It’s been exciting seeing this agency grow in a meaningful way,” Matts said. “I’m excited to be the person who helps usher it into [the next phase].” Along with bolstering the agency’s capabilities and expertise, Matts added that she will be focused on increasing diversity and inclusion efforts, as she did at Annalect. There, she started a series of fireside chats where women were encouraged to talk about their experiences in the industry, both good and bad. “We just heard from women in and out of our organization,” she said. “It was so important to hear their stories. It made the positivity bubble up within the organization. I absolutely want to bring that to Hearts & Science.” As for having the opportunity to rejoin the media agency world at a time when her background in data and analytics is critical, Matts said she’s ready to “get her hands dirty to deliver real results.” Adweek: https://www.adweek.com/agencies/hearts-science-names-annalect-north-american-chief-executive-erin-matts-as-new-u-s-ceo/
Scott Hagedorn Named CEO of Omnicom Media Group NA, John Swift Named Chief Operating Officer Posted on February 15, 2019December 11, 2020 by Revanth Ravish Catherine Sullivan Named Chief Investment Officer. NEW YORK, Feb. 15, 2019 /PRNewswire/ — Omnicom Media Group (OMG) the media services division of Omnicom Group Inc. (NYSE: OMC) has named Scott Hagedorn CEO of its North American operations. Hagedorn, who steps into the role following three years as the first CEO of Hearts & Science, succeeds Page Thompson, who is retiring following a distinguished 40-year career at Omnicom. “Scott’s record of innovation and transformation, combined with his hands-on leadership experience across multiple OMG agency brands and practice categories make him the ideal choice to lead Omnicom Media Group North America into a new era,” said Omnicom Media Group CEO Daryl Simm. As CEO of Hearts & Science, Hagedorn built a media agency grounded in data driven marketing. Prior to that, he was CEO of Annalect, OMG’s data and analytics division. Partnering with Hagedorn, John Swift has been named Chief Operating Officer, OMG North America. Swift moves into the COO job following his tenure leading Investment and Integrated services for OMG North America, where he oversaw the expansion of OMG’s performance and activation business units. Completing the new leadership roster, OMG president of US investment Catherine Sullivan has been elevated to the role of Chief Investment Officer for North America. Since joining OMG in 2016 following senior sales roles at NBC and Disney, Sullivan has effectively leveraged her experience on the other side of the negotiating table to deliver new value to clients by re-imagining OMG’s go- to- market strategies. Said Simm, “Together, Scott, John and Catherine are uniquely qualified to deliver OMG’s promise to clients: future-forward solutions, flawless activation, and marketplace advantage – a combination that drives business results.” Commenting on his new role, Hagedorn said, “All marketers today face the same challenge – how can they identify their customers across screens, and effectively and efficiently serve them relevant, resonant and human brand messaging. Omnicom Media Group leads the industry in enabling clients to meet this challenge for three reasons – our people, our practices and our products. Assuring and expanding those assets will be my priority.” All appointments are effective immediately. About Omnicom Media Group Omnicom Media Group (OMG) is the media services division of Omnicom Group Inc. (NYSE: OMC), the leading global advertising, marketing and corporate communications company, providing services to over 5,000 clients in more than 100 countries. Omnicom Media Group includes the full-service media networks Hearts & Science, OMD and PHD; data and analytics platform Annalect Group; performance marketing agency Resolution Media; and a number of specialty media communications companies. SOURCE Omnicom Media Group
TBWA\Media Arts Lab Chairman Lee Clow Retires Posted on February 14, 2019December 11, 2020 by Revanth Ravish Advertising legend, TBWA Global Director of Media Arts, and Chairman and founder of TBWA\Media Arts Lab honored with “Chairman Emeritus” title, and a love-filled celebration on Valentine’s Day.Clow announces retirement in a love note–to the ad industry, and to the company he spent his life working for. LOS ANGELES, Feb. 14, 2019 /PRNewswire/ — “Think Different (Here’s to the Crazy Ones).” “Dogs Rule.” “Yo quiero Taco Bell.” “Keeps Going and Going.” “Impossible Is Nothing.” “That’s G.” Lee Clow, the visionary creative who touched the hearts of consumers and revitalized brands with iconic advertising campaigns, is retiring. The Global Director of Media Arts at worldwide advertising collective TBWA, and founder and Chairman of TBWA\Media Arts Lab, will move into an advisory role as Chairman Emeritus of the agency he founded in 2006 to serve Apple and to embody his vision of an agency that impacts culture, rather than just “makes ads.” “The years I spent doing this thing called ‘advertising’ have been fun: challenging, rewarding, maddening—sometimes painful—but mostly, joyful. And I wouldn’t trade a day of it.” Clow—an original Chiat\Day partner and one-time TBWA\Worldwide Chairman—mused, in his “Love Note to Advertising,” released today. Clow continues to work on a personal film project that tells the story behind some of the most famous and culture-altering advertising in history, recalling his 50 years at Chiat\Day—the people, the work—and retelling how they did it. He will also remain involved in the agency’s social-impact group, For Good, based in Los Angeles, where he will advise on select projects for clients who share his commitment to the planet and the people (and animals) who inhabit it. “Don’t do the right thing,” he challenged the agency, the advertising world, and clients, on TBWA\Chiat\Day’s 50th anniversary in 2018. “Do the brave thing. Do the thing that doesn’t just defy the status quo, but reshapes it, forever.” Clow actually announced his retirement to the agency, alumni and close friends in October 2018, at a party on Jay Chiat’s birthday, part of the year-long “Chiat\Day 50” celebration. His decision to formally share the news with the industry on Valentine’s Day is a nod to Jay Chiat’s unconventional custom of sending Valentine’s Day cards to staff, colleagues and clients, instead of the expected, “Season’s Greetings,” typically dispatched during December holidays. Clow’s career, that started at Chiat\Day in LA, spans five decades. It tells a story of “doing the brave thing,” with disruptive campaigns that epitomized “California cool.” He took Chiat\Day’s creatively audacious style of advertising global when he helped lead the successful merger with TBWA, crystallizing the agency’s reputation as the destination for creative professionals who want to do groundbreaking, iconic work. “Lee will always be our creative conscience,” said Troy Ruhanen, President and CEO, TBWA\Worldwide. “He has given so much to our company and to our industry. His challenge to us, to do the brave thing, to Disrupt, will continue to be our North Star. We all love you, Lee.” “Lee is one of the most talented and visionary leaders in our industry,” said Chairman and CEO of Omnicom Group, John Wren. “Over the past five decades, he has built a foundation of creative excellence for the TBWA network that has distinguished the agency among its peers. On behalf of the Omnicom family, I would like to thank Lee for his invaluable leadership and significant contributions to our group.” There’s perhaps no better example of Clow’s impact on the industry than his 30-plus-year partnership with Apple. From the launch of Macintosh in 1984, to the now-famous “Think Different (Here’s to the Crazy Ones)” campaign that launched the rebirth of Apple in 1997. During the past two decades he helped orchestrate Apple’s moves, into music with iPod and iTunes with the celebrated “Silhouettes” campaign, into phones with the category-redefining iPhone and then, creating the “campaign of the decade,” “Get a Mac (Mac versus PC).” Then, he helped Apple forge a whole new category with iPad. Most recently, Clow led the creative teams that launched Apple Music into the world, and worked on the introduction of Apple Watch. Tim Cook, CEO of Apple, added: “During his long partnership with Steve and Apple, Lee told powerful visual stories that elevated new technologies with the passion, creativity and ingenuity that define our own humanity. He helped Apple carry itself through times of challenge, and his work inspired audiences to look beyond the horizon as an exciting future came into view. Lee’s body of work over five decades hums with cleverness, warmth and enthusiasm—and there is no doubt that it will inspire and motivate generations of ‘Crazy Ones’ still to come.” In 2018, Adweek named TBWA its “Global Agency of the Year,” recognizing its strong global relationship with Apple—one of the industry’s longest-running, and most prolific, creative partnerships. The agency will continue to serve Apple around the world—led by Global President of TBWA\Media Arts Lab, Katrien De Bauw, and by Global Chief Creative Officer, Brent Anderson—and to set global creative standards. In 2018, Media Arts Lab won 64 awards: for the launch of HomePod, with its Cannes Lions Grand Prix-winning film, “Welcome Home”; for the evolution of its “Shot on iPhone” campaign into long-form content across the globe (notably, the film, “Three Minutes,” in China), and into social media, with @apple; and for its “Behind the Mac” campaign (including an animated short for Apple’s holiday campaign called, “Share Your Gifts”). “In constantly pushing ourselves to reach the creative standard he set, we are better than we ever could imagine being,” said Brent Anderson, adding that, “So we’ll do just as he always asked us to do: ‘Make it smart. Make it beautiful. And have fun.'” Clow often credits his artful, freethinking, creative style to his California roots. To celebrate his outstanding contributions to the creative community, and his love for his hometown, the agency has established a scholarship at the College of the Arts—School of Art at Clow’s alma mater, California State University Long Beach (CSULB). Additionally, all proceeds from his film project will go into a college fund previously established in Clow’s and Chiat’s names at Art Center College of Design, which was created to assist low- and middle-income students with tuition fees and costs. Also, TBWA agencies in Los Angeles will continue to honor Clow’s impact on the Southern California creative community by partnering with Turnaround Arts: California, a national, public-private partnership that leverages the arts to spark transformation in the state’s highest-need schools. Agency leaders and staff will work with Turnaround Arts educators on programs that will bolster the creative skills of teachers and students, including hosting workshops focused on graphic design, coding and creative problem-solving. Clow is a member of the One Club Hall of Fame, the Art Directors Club Hall of Fame and the Museum of Modern Art’s Advertising Hall of Fame, and has been honored by the Clios with a Lifetime Achievement Award, and by Cannes Lions with the Lion of St. Mark. Clow was also inducted into the American Advertising Federation’s Hall of Fame and the American Marketing Association’s Hall of Fame. About TBWA\WorldwideTBWA is The Disruption® Company: the cultural engine for 21st century business. Named Adweek‘s 2018 Global Agency of the Year, we create disruptive ideas that locate and involve brands in culture, giving them a larger share of the future. Our collective has 11,300 creative minds across 275 offices in 95 countries, and also includes brands such as AUDITOIRE, Digital Arts Network (DAN), eg+ worldwide, GMR, The Integer Group®, TBWA\Media Arts Lab, TBWA\WorldHealth and TRO. Global clients include adidas, Apple, Gatorade, Henkel, Hilton Hotels, McDonald’s, Michelin, Nissan, and Singapore Airlines. Follow us onTwitter,LinkedIn andInstagram, and like us onFacebook. About Omnicom Group Inc.Omnicom Group Inc. OMC,-0.78%(https://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 100 countries. SOURCE TBWA\Worldwide Copyright (C) 2019 PR Newswire. All rights reserved
Omnicom Group Reports Fourth Quarter and Full Year 2018 Results Posted on February 12, 2019December 11, 2020 by Revanth Ravish NEW YORK, Feb. 12, 2019 /PRNewswire/ — Omnicom Group Inc. (NYSE: OMC) today announced that its net income for the fourth quarter of 2018 increased $144.8 million, or 56.9%, to $399.2 million from $254.4 million in the fourth quarter of 2017. Diluted net income per common share for the fourth quarter of 2018 increased sixty-eight cents, or 62.4%, to $1.77 per share versus $1.09 per share for the fourth quarter of 2017. In the fourth quarter of 2017, we increased income tax expense to record the net effect of the enactment of the “Tax Cuts and Jobs Act” (the “2017 Tax Act”), which resulted in a net decrease to net income – Omnicom Group Inc. and diluted net income per common share of $106.3 million and forty-six cents per share, respectively. Omnicom’s worldwide revenue in the fourth quarter of 2018 decreased 2.2% to $4,086.7 million from $4,176.6 million in the fourth quarter of 2017. The components of the change in revenue included a decrease in revenue from the negative foreign exchange rate impact of 2.0%, a decrease in acquisition revenue, net of disposition revenue of 2.4% and an increase in revenue from organic growth of 3.2% when compared to the fourth quarter of 2017. In addition, effective January 1, 2018, we adopted FASB Accounting Standards Codification Topic 606 “Revenue from Contracts with Customers” (“ASC 606”). We elected to adopt ASC 606 applying the modified retrospective method. The effect on revenue in the fourth quarter of 2018 from adopting ASC 606 when compared to the fourth quarter of 2017 was a decrease in revenue of 0.9%. Organic growth in the fourth quarter of 2018 as compared to the fourth quarter of 2017 in our five fundamental disciplines was as follows: Advertising increased 4.4%, CRM Consumer Experience increased 4.2%, CRM Execution & Support decreased 3.7%, Public Relations increased 1.5% and Healthcare increased 7.6%. Across our regional markets, organic growth in the fourth quarter of 2018 as compared to the fourth quarter of 2017 was: 2.6% in the United States, 1.3% for Other North America, 2.4% in the United Kingdom, 5.7% for the Euro Markets and Other Europe, 2.9% for Asia Pacific, 1.0% for Latin America and 4.2% for the Middle East and Africa. Operating profit in the fourth quarter of 2018 increased $0.7 million, or 0.1%, to $627.2 million from $626.5 million in the fourth quarter of 2017. Our operating margin for the fourth quarter of 2018 increased to 15.3% versus 15.0% for the fourth quarter of 2017. The impact from adopting ASC 606 increased operating profit by $3.8 million during the fourth quarter of 2018. For the fourth quarter of 2018, our effective income tax rate was 26.1% compared to 50.2% for the same period in 2017. The year over year difference in our effective tax rate primarily resulted from the enactment of the 2017 Tax Act, which reduced the U.S. Federal statutory tax rate from 35% to 21%. In addition, in the fourth quarter of 2017 we included a net increase to income tax expense of $106.3 million related to the impact of the 2017 Tax Act on undistributed earnings of foreign subsidiaries and our previously reported deferred tax assets and liabilities. Full Year Net income – Omnicom Group Inc. for the twelve months ended December 31, 2018 increased $238.0 million, or 21.9%, to $1,326.4 million from $1,088.4 million in the same period in 2017. Diluted net income per common share for the twelve months ended December 31, 2018 increased $1.18, or 25.4%, to $5.83 per share compared to $4.65 per share for the twelve months ended December 31, 2017. Net income – Omnicom Group Inc. and diluted earnings per common share for the twelve months ended December 31, 2018 includes a net after tax increase of $18.2 million and eight cents per share, respectively, as a result of a net gain recognized on dispositions of certain subsidiaries, partially offset by expenses in connection with certain repositioning actions and the revision of the provisional income tax expense amounts recorded in connection with the enactment of the 2017 Tax Act, all of which were recorded in the third quarter of 2018 and discussed further below. For the twelve months ended December 31, 2017, we increased income tax expense to record the net effect of the enactment of the 2017 Tax Act, as discussed above, which resulted in a net decrease to net income – Omnicom Group Inc. and diluted net income per common share of $106.3 million and forty-five cents per share, respectively. Worldwide revenue for the twelve months ended December 31, 2018 increased 0.1% to $15,290.2 million from $15,273.6 million in the same period of 2017. The components of the change in revenue included an increase in revenue from the positive foreign exchange rate impact of 0.6%, a decrease in acquisition revenue, net of disposition revenue of 2.1% and an increase in revenue from organic growth of 2.6% when compared to the same period of 2017. The effect on revenue for the twelve months ended December 31, 2018 from adopting ASC 606 when compared to the same period of 2017 was a decrease in revenue of 1.0%. Organic growth for the twelve months ended December 31, 2018 compared to the same period in 2017 in our five fundamental disciplines was as follows: Advertising increased 2.9%, CRM Consumer Experience increased 5.9%, CRM Execution & Support decreased 2.7%, Public Relations increased 1.8% and Healthcare increased 4.5%. Across our regional markets, organic growth for the twelve months ended December 31, 2018 as compared to the same period of 2017 was 0.7% in the United States, 0.7% in the United Kingdom, 8.2% in the Euro Markets and Other Europe, 7.9% in Asia Pacific and 2.0% in Latin America, while Other North America decreased 3.9% and the Middle East and Africa decreased 2.9%. Operating profit for the twelve months ended December 31, 2018 increased $49.7 million, or 2.4%, to $2,133.5 million compared to $2,083.8 million for the same period in 2017. Our operating margin for the twelve months ended December 31, 2018 increased to 14.0% versus 13.6% for the same period in 2017. The impact from adopting ASC 606 reduced operating profit by $6.6 million for the twelve months ended December 31, 2018. Operating profit for the twelve months ended December 31, 2018 reflects a net pre-tax increase of $29.0 million recorded in the third quarter of 2018 from the net gain on dispositions of certain subsidiaries of $178.4 million, which arose primarily from the sale of Sellbytel, our European-based outsourced sales, service and support business, partially offset by expenses of $149.4 million in connection with repositioning actions related to the continuing improvement of the strategic position and operating efficiencies of our businesses. Excluding the impact of the items discussed above, operating profit for the twelve months ended December 31, 2018 increased $20.7 million, or 1.0%, to $2,104.5 million from $2,083.8 million for the same period in 2017, while operating margin for the twelve months ended December 31, 2018 increased to 13.8% versus 13.6% for the same period of 2017. For the twelve months ended December 31, 2018, our effective income tax rate was 25.6% compared to 36.9% for the same period in 2017. The year over year difference in our effective tax rate primarily resulted from the enactment of the 2017 Tax Act, as described above. Income tax expense for the twelve months ended December 31, 2018 was also reduced due to: (a) the successful resolution of foreign tax claims during the first quarter of 2018 and (b) the impact of a lower tax rate on the net gain on dispositions of subsidiaries in the third quarter of 2018, partially offset by (c) an increase in income tax expense related to the finalization of the provisional estimate of the effect of the 2017 Tax Act made during the third quarter of 2018. Non-GAAP Financial Measures We use certain non-GAAP financial measures in describing our performance. Non-GAAP 2018 Adjusted results, including Adjusted Operating Profit, Adjusted Income Tax Expense and Adjusted Net Income – Omnicom Group Inc., exclude the impact of the net gain recognized on dispositions of certain subsidiaries, expenses in connection with certain repositioning actions and the revision of the provisional income tax expense amounts recorded in connection with the enactment of the 2017 Tax Act, all of which were recorded in the third quarter of 2018 and are presented in the full year results presented above and in the tables in this release. We believe that the Non-GAAP 2018 Adjusted results are useful measures for investors to understand the impact these actions had on our reported results. 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. 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 presentation 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, excluding the impact of the adoption of ASC 606. 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 100 countries. Follow us on Twitter for the latest news. For a live webcast or a replay of our fourth quarter earnings conference call, go to https://investor.omnicomgroup.com/investor-relations/news-events-and-filings. Omnicom Group Inc. Consolidated Statements of Income Three Months Ended December 31 (Unaudited) (Dollars in Millions, Except Per Share Data) 2018 (a) 2017 (b) Revenue $ 4,086.7 $ 4,176.6 Operating Expenses: Salary and service costs 2,986.3 3,042.5 Occupancy and other costs 292.9 316.3 Costs of services 3,279.2 3,358.8 Selling, general and administrative expenses 119.0 121.5 Depreciation and amortization 61.3 69.8 3,459.5 3,550.1 Operating Profit 627.2 626.5 Interest Expense 68.3 61.7 Interest Income 15.2 11.7 Income Before Income Taxes 574.1 576.5 Income Tax Expense 149.7 289.5 Income From Equity Method Investments 5.3 0.8 Net Income 429.7 287.8 Net Income Attributed To Noncontrolling Interests 30.5 33.4 Net Income – Omnicom Group Inc. 399.2 254.4 Net income allocated to participating securities — (0.3) Net income available for common shares $ 399.2 $ 254.1 Net income per common share – Omnicom Group Inc. Basic $ 1.78 $ 1.10 Diluted $ 1.77 $ 1.09 Weighted average shares (in millions) Basic 224.6 231.2 Diluted 225.6 232.3 Dividends declared per common share $ 0.60 $ 0.60 (a) On January 1, 2018, we adopted FASB ASC Topic 606 “Revenue from Contracts with Customers” (“ASC 606”). ASC 606 was applied using the modified retrospective method, where the cumulative effect of initial application is recognized as an adjustment to opening retained earnings at January 1, 2018. Therefore, comparative prior periods have not been adjusted and continue to be reported under ASC 605 “Revenue Recognition” (“ASC 605”). The adoption of ASC 606 did not materially impact our financial position. For the three months ended December 31, 2018, the adoption of ASC 606 reduced revenue by $37.6 million and increased operating profit by $3.8 million. The adoption of ASC 606 did not have a material impact on Net Income – Omnicom Group Inc. or Diluted net income per common share – Omnicom Group Inc. for the three months ended December 31, 2018. As required, a comparison of the current presentation under ASC 606 to the prior presentation under ASC 605 is provided below. (b) On December 22, 2017, the 2017 Tax Act was enacted into law. The 2017 Tax Act reduced the Federal statutory tax rate from 35% to 21% effective January 1, 2018 and made several changes to existing tax law which affect our tax assets and liabilities related to previously reported taxable income. As a result, in the fourth quarter of 2017, we recorded tax expense on accumulated earnings of our foreign subsidiaries and adjusted our previously reported deferred tax assets and liabilities to reflect the impact of the revised statutory federal rate as of the enactment date. Income tax expense for the three months ended December 31, 2017 reflected a net increase of $106.3 million related to the impact of the 2017 Tax Act. Omnicom Group Inc. Impact of the Adoption of ASC 606 Three Months Ended December 31 (Unaudited) (Dollars in Millions) 2018 Reported under ASC 606 2018 ASC 606 Adjustments 2018 Excluding Impact of Adoption of ASC 606 Revenue $ 4,086.7 $ 37.6 $ 4,124.3 Operating Expenses 3,459.5 41.4 3,500.9 Operating Profit $ 627.2 $ (3.8) $ 623.4 The above table presents the U.S. GAAP financial measures of Revenue, Operating Expenses and Operating Profit as reported, as well as the impact of the adoption of ASC 606 on these measures for the period presented. The impact of the adoption of ASC 606 on Net Income – Omnicom Group Inc. and Diluted Net Income per Share – Omnicom Group Inc. was not material. Omnicom Group Inc. Consolidated Statements of Income Twelve Months Ended December 31 (Unaudited) (Dollars in Millions, Except Per Share Data) 2018 (a) 2017 (b) Revenue $ 15,290.2 $ 15,273.6 Operating Expenses: Salary and service costs 11,306.1 11,227.2 Occupancy and other costs 1,309.6 1,240.8 Net gain on dispositions of subsidiaries (178.4) — Costs of services 12,437.3 12,468.0 Selling, general and administrative expenses 455.4 439.7 Depreciation and amortization 264.0 282.1 13,156.7 13,189.8 Operating Profit 2,133.5 2,083.8 Interest Expense 266.4 248.6 Interest Income 57.2 49.7 Income Before Income Taxes 1,924.3 1,884.9 Income Tax Expense 492.7 696.2 Income From Equity Method Investments 8.9 3.5 Net Income 1,440.5 1,192.2 Net Income Attributed To Noncontrolling Interests 114.1 103.8 Net Income – Omnicom Group Inc. 1,326.4 1,088.4 Net income allocated to participating securities (0.1) (1.6) Net income available for common shares $ 1,326.3 $ 1,086.8 Net income per common share – Omnicom Group Inc. Basic $ 5.85 $ 4.68 Diluted $ 5.83 $ 4.65 Weighted average shares (in millions) Basic 226.6 232.3 Diluted 227.6 233.9 Dividends declared per common share $ 2.40 $ 2.25 (a) On January 1, 2018, we adopted FASB ASC Topic 606 “Revenue from Contracts with Customers” (“ASC 606”). ASC 606 was applied using the modified retrospective method, where the cumulative effect of initial application is recognized as an adjustment to opening retained earnings at January 1, 2018. Therefore, comparative prior periods have not been adjusted and continue to be reported under ASC 605 “Revenue Recognition” (“ASC 605”). The adoption of ASC 606 did not materially impact our financial position. For the twelve months ended December 31, 2018, the adoption of ASC 606 reduced revenue by $146.1 million and operating profit by $6.6 million. The adoption of ASC 606 did not have a material impact on Net Income – Omnicom Group Inc. or Diluted net income per common share – Omnicom Group Inc. for the twelve months ended December 31, 2018. As required, a comparison of the current presentation under ASC 606 to the prior presentation under ASC 605 is provided below. (b) On December 22, 2017, the 2017 Tax Act was enacted into law. The 2017 Tax Act reduced the Federal statutory tax rate from 35% to 21% effective January 1, 2018 and made several changes to existing tax law which affect our tax assets and liabilities related to previously reported taxable income. As a result, in the fourth quarter of 2017, we recorded tax expense on accumulated earnings of our foreign subsidiaries and adjusted our previously reported deferred tax assets and liabilities to reflect the impact of the revised statutory federal rate as of the enactment date. Income tax expense for the twelve months ended December 31, 2017 reflected a net increase of $106.3 million related to the impact of the 2017 Tax Act. Omnicom Group Inc. Impact of the Adoption of ASC 606 Twelve Months Ended December 31 (Unaudited) (Dollars in Millions) 2018 Reported under ASC 606 2018 ASC 606 Adjustments 2018 Excluding Impact of Adoption of ASC 606 Revenue $ 15,290.2 $ 146.1 $ 15,436.3 Operating Expenses 13,156.7 139.5 13,296.2 Operating Profit $ 2,133.5 $ 6.6 $ 2,140.1 The above table presents the U.S. GAAP financial measures of Revenue, Operating Expenses and Operating Profit as reported, as well as the impact of the adoption of ASC 606 on these measures for the period presented. The impact of the adoption of ASC 606 on Net Income – Omnicom Group Inc. and Diluted Net Income per Share – Omnicom Group Inc. was not material. Omnicom Group Inc. Non-GAAP Financial Measures – 2018 Excluding Net Gain on Third Quarter Dispositions, Repositioning Actions and Tax Reform Act Adjustments Twelve Months Ended December 31 (Unaudited) (Dollars in Millions, Except Per Share Data) 2018 Reported (a) Non-GAAP Adjustments Non-GAAP 2018 Adjusted Operating Profit $ 2,133.5 $ 29.0 $ 2,104.5 Net Interest Expense 209.2 — 209.2 Income Tax Expense (b) 492.7 3.9 488.8 Income From Equity Method Investments 8.9 — 8.9 Net Income Attributed To Noncontrolling Interests 114.1 6.9 107.2 Net Income – Omnicom Group Inc. $ 1,326.4 $ 18.2 $ 1,308.2 The above table presents the U.S. GAAP financial measures of Operating Profit, Income Tax Expense, Net Income – Omnicom Group Inc. as reported, as well as the impact of the net gain recognized on dispositions of certain subsidiaries, certain repositioning actions and the revision of the provisional income tax expense amounts recorded in connection with the enactment of the 2017 Tax Act, all of which were recorded in the third quarter of 2018, for the twelve months ended December 31, 2018. The amounts presented in the column “Non-GAAP 2018 Adjusted” excludes these items from our results for the period presented, which are non-GAAP operating performance measures. We believe that the amounts excluding the impact of these items are useful measures for investors to understand the impact these items had on our reported results. 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. (a) During the third quarter of 2018, we disposed of certain subsidiaries & recorded a net gain, primarily related to the sale of Sellbytel, our outsourced sales, service and support company, and we recorded expenses for certain repositioning actions related to the continued improvement of our strategic position and operating efficiencies of our businesses. Additionally, we recorded an increase of $28.9 million in income tax expense as described in footnote (b) below. The net impact of these items increased Operating Profit by $29.0 million, Net Income – Omnicom Group Inc. by $18.2 million and diluted net income per common share – Omnicom Group Inc. $0.08 per share for the twelve months ended December 31, 2018. (b) The 2017 Tax Act reduced the Federal statutory tax rate to 21% from 35% for tax years beginning after December 31, 2017 and made several changes to existing tax law which affect our tax assets and liabilities related to previously reported taxable income. As a result, in the fourth quarter of 2017, we recorded tax expense on accumulated earnings of our foreign subsidiaries and adjusted our previously reported deferred tax assets and liabilities to reflect the impact of the revised statutory federal rate as of the enactment date. Income tax expense for the twelve months ended December 31, 2017 reflected a net increase of $106.3 million related to the impact of the 2017 Tax Act. Due to the timing of the 2017 Tax Act, which was enacted on December 22, 2017, our 2017 financial statements reflected provisional amounts for these items. We revised these estimates in the third quarter of 2018 and recorded additional tax expense of $28.9 million for the twelve months ended December 31, 2018 in compliance with the guidance provided in SEC SAB 118. Omnicom Group Inc. Impact of Net Gain on Third Quarter Dispositions and Repositioning Actions on Operating Expenses Twelve Months Ended December 31, 2018 (Unaudited) (Dollars in Millions) Repositioning Actions Net Gain on Dispositions Total Operating expenses (a): Salary and service costs $ 73.7 $ — $ 73.7 Occupancy and other costs 73.5 — 73.5 Net gain on dispositions of subsidiaries — (178.4) (178.4) Costs of services 147.2 (178.4) (31.2) Selling, general and administrative expenses 2.2 — 2.2 Depreciation and amortization — — — Operating Expenses $ 149.4 $ (178.4) $ (29.0) (a) The above table identifies the impact of the pre-tax gain on dispositions of certain subsidiaries and repositioning actions we took in the third quarter of 2018 on the components of our operating expenses for the twelve months ended December 31, 2018. Omnicom Group Inc. Reconciliation of Non-GAAP Financial Measures – Operating Profit Twelve Months Ended December 31 (Unaudited) (Dollars in Millions) 2018 2017 Net Income – Omnicom Group Inc. $ 1,326.4 $ 1,088.4 Net Income Attributed To Noncontrolling Interests 114.1 103.8 Net Income 1,440.5 1,192.2 Income From Equity Method Investments 8.9 3.5 Income Tax Expense 492.7 696.2 Income Before Income Taxes 1,924.3 1,884.9 Interest Income 57.2 49.7 Interest Expense 266.4 248.6 Operating Profit 2,133.5 2,083.8 Net gain on dispositions of subsidiaries (178.4) — Repositioning actions 149.4 — Operating Profit, Non-GAAP 2018 Adjusted $ 2,104.5 $ 2,083.8 Revenue $ 15,290.2 $ 15,273.6 Operating Profit $ 2,133.5 $ 2,083.8 Operating Margin % 14.0 % 13.6 % Revenue $ 15,290.2 $ 15,273.6 Operating Profit, Non-GAAP 2018 Adjusted $ 2,104.5 $ 2,083.8 Operating Margin %, Non-GAAP 2018 Adjusted 13.8 % 13.6 % The above table reconciles the U.S. GAAP financial measures of Operating Profit and Operating Margin to the non-GAAP financial measures of Operating Profit, Non-GAAP 2018 Adjusted and Operating Margin, Non-GAAP 2018 Adjusted, which exclude the impact of the net gain recognized on dispositions of certain subsidiaries and expenses in connection with certain repositioning actions, all of which were recorded in the third quarter of 2018, for the twelve months ended December 31, 2018. We believe that the amounts excluding the impact of these items are useful measures for investors to understand the impact these actions had on our reported results. 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. Reconciliation of Non-GAAP Financial Measures – Income Tax Expense Twelve Months Ended December 31, 2018 (Unaudited) (Dollars in Millions) Twelve Months ended December 31, 2018 Income Tax Expense, as reported $ 492.7 Add: Income tax benefit on repositioning actions, less income tax expense on net gain from dispositions 25.0 Less: Increase in income tax expense for revision of provisional estimates in connection with adoption of 2017 Tax Act (28.9) Income Tax Expense, Non-GAAP 2018 Adjusted $ 488.8 The above table reconciles the U.S. GAAP financial measure of Income Tax Expense to the non-GAAP financial measure of Income Tax Expense, Non-GAAP 2018 Adjusted, which excludes the impact of the income tax expense recorded in relation to the net gain recognized on dispositions of certain subsidiaries, the income tax benefit from expenses in connection with certain repositioning actions and the revision of the provisional income tax expense amounts recorded in connection with the enactment of the 2017 Tax Act, all which were recorded in the third quarter of 2018, for the twelve months ended December 31, 2018. We believe that the amount excluding the impact of these items is a useful measure for investors to understand the impact these actions had on our reported results. 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. Reconciliation of Non-GAAP Financial Measures – Net Income – Omnicom Group Inc. Twelve Months Ended December 31, 2018 (Unaudited) (Dollars in Millions) Twelve Months ended December 31, 2018 Net Income – Omnicom Group Inc., as reported $ 1,326.4 Net gain on dispositions, before income tax expense (178.4) Repositioning actions – Incremental Severance and other items, before income tax expense 75.9 Repositioning actions – Lease terminations, before income tax expense 73.5 Income tax benefit on repositioning actions, less income tax expense on net gain from dispositions (25.0) Allocation of above items to non-controlling interests 6.9 Increase in income tax expense for revision of provisional estimates in connection with adoption of 2017 Tax Act 28.9 Net Income – Omnicom Group Inc., Non-GAAP 2018 Adjusted $ 1,308.2 The above table reconciles the U.S. GAAP financial measure of Net Income – Omnicom Group Inc. to the non-GAAP financial measure of Net Income – Omnicom Group Inc., Non-GAAP 2018 Adjusted, which excludes the impact of the net gain recognized on dispositions of certain subsidiaries, expenses in connection with certain repositioning actions and the revision of the provisional income tax expense amounts recorded in connection with the enactment of the 2017 Tax Act, all which were recorded in the third quarter of 2018, for the twelve months ended December 31, 2018. We believe that the amount excluding the impact of these items is a useful measure for investors to understand the impact these actions had on our reported results. 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. View original content:https://www.prnewswire.com/news-releases/omnicom-group-reports-fourth-quarter-and-full-year-2018-results-300793946.html SOURCE Omnicom Group Inc.
Omnicom Group Inc. Increases Stock Dividend by 8.3% to $0.65 Per Share Posted on February 11, 2019December 11, 2020 by Revanth Ravish NEW YORK, Feb. 11, 2019 /PRNewswire/ — The Board of Directors of Omnicom Group Inc. (NYSE: OMC) increased the corporation’s quarterly cash dividend to $0.65 per common share, or $2.60 per share of common stock on an annual basis. This represents an 8.3% increase versus the prior quarterly dividend of $0.60 per share, or $2.40 on an annual basis. The increased dividend is payable on April 9, 2019 to Omnicom Group common shareholders of record at the close of business on March 11, 2019. 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 100 countries. Follow us on Twitter for the latest news. View original content to download multimedia:https://www.prnewswire.com/news-releases/omnicom-group-inc-increases-stock-dividend-by-8-3-to-0-65-per-share-300793471.html SOURCE Omnicom Group Inc.
For The Second Year In A Row, BBDO Tops The Drum’s Big Won Rankings Posted on February 7, 2019December 11, 2020 by Revanth Ravish Named the most awarded global agency network across all marketing communications. BBDO New York is ranked the world’s top agency. NEW YORK, Feb. 7, 2019 – For the second year in a row, BBDO Worldwide has topped The Drum’s Big Won Rankings as the world’s most awarded agency network across all marketing communication disciplines. The 2018 Rankings were based on submissions involving more than 3,600 pieces of work from 1,721 agencies around the world. The top agency spot went to BBDO New York. It’s the second year running that an individual BBDO agency has ranked number one. In all, five BBDO agencies finished among the top 20 most creative agencies. In addition to BBDO New York, CHE Proximity in Melbourne was ranked #9, AMVBBDO London was #12, EnergyBBDO Chicago was #15 and AlmapBBDO Brazil was #18. BBDO’s performance was driven by multiple campaigns from agencies around the world, which were among the Top 20 most celebrated campaigns of the year. These included “Prescribed to Death,” created by EnergyBBDO for the National Safety Council (#6); “The Talk” from BBDO New York for Procter & Gamble (#7); “Live Looper” from BBDO New York for Downtown Record’s The Academic (#9); and “Trash Isles” from AMVBBDO (#13) for LADbible/The Plastic Ocean’s Foundation. Gordon Young, editor in chief of The Drum, commented, “The Drum’s Big Won Rankings are intended to point out advertising’s most successful companies and creatives. And once again, BBDO has proven itself to be a creative force, with multiple agencies from multiple regions contributing multiple campaigns for multiple clients to these results. We congratulate BBDO on this achievement.” Added David Lubars, Chief Creative Officer, BBDO Worldwide, “We think of ourselves as a global boutique. In other words, quick, nimble, innovative and collaborative, rather than a big stupid agency. Operating this way, combined with our size and discipline, makes us unique, makes us a company that reaches a high creative and business plane year after year. Which is why I am especially proud that BBDO has topped The Drum Big Won Network rankings for the second year in a row.” David Lubars, in fact, was ranked the most awarded Chief Creative Officer in the World, followed by Greg Hahn, the Chief Creative Officer of BBDO New York. Andres Ordonez, CCO of EnergyBBDO Chicago, and Ant White, CCO of CHE Proximity, were also among the Top 20 (at #17 and #18, respectively). Five other BBDOers were ranked among the top Executive Creative Directors in the world. BBDO’s parent company, Omnicom Group, was ranked the #1 holding company in the world. Further details regarding The Drum’s Big Won Rankings can be found here. In 2017, The Drum acquired The Directory Big Won Rankings, an annual listing of the most awarded campaigns, people and countries. The Big Won was launched in 2003 and, over the years, evolved to cover all forms of marketing communications including direct marketing, advertising, and promotional and above the line work, as well as digital. During this time, BBDO topped The Directory Big Won as the most awarded agency network in the world a record 12 times. ABOUT BBDOBBDO’s mantra is “The Work. The Work. The Work.” Every day, BBDO people in 289 offices in 81 countries work day by day, job by job and client by client to create and deliver the world’s most compelling commercial content BBDO Worldwide is part of Omnicom Group Inc. (NYSE: OMC) (www.omnicomgroup.com), a leading global marketing and corporate communications company. SOURCE BBDO Worldwide