Sherman to become undergraduate professor at the end of the year following a successful 25-year tenure at Omnicom
NEW YORK, Sept. 29, 2022 – Omnicom Group Inc. (NYSE: OMC) today announced Peter Sherman, Executive Vice President, has made the decision to become a full-time undergraduate professor teaching marketing and communications at a top ranked university. He will be leaving the company effective December 31, 2022.
Sherman joined Omnicom Group as Executive Vice President (EVP) in 2014, charged with driving integration, innovation and growth across the company’s largest global clients. Since then, he has worked across all of Omnicom’s networks to ensure client-centric solutions and new business success.
As part of his remit, he has been one of the primary architects of Omnicom’s portfolio of integrated service models. He also has led Omnicom’s Global Client Leaders (GCLs) Group, growing it from 10 to 30 leaders, two-thirds of whom are women. His work in these areas helped Omnicom receive the highest scores possible in the integration services and global client teams criteria in “The Forrester Wave™: Global Marketing Services, Q3 2022” by Forrester Research, Inc.
“My time at Omnicom has been defined by incredible teams, individuals and a culture that made it the best place I could have ever hoped to spend 25 years,” said Sherman. “Throughout my tenure, I’ve seen first-hand how Omnicom evolves its services and structures ahead of an ever-changing industry, and I’m proud of my contribution to that evolution. I will leave the company on a high note at the end of this year and am very much looking forward to sharing my experience with the next generation as an educator.”
As part of Sherman’s planned transition, Omnicom will be identifying a new structure and set of leaders who will expand on the foundation he helped build. These updates will be announced in the coming weeks.
“With steadfast leadership, Peter has defined best practices for new business pitches and integrated client models that have allowed Omnicom to gain and retain wins with some of the world’s top brands,” said John Wren, Chairman and CEO of Omnicom. “His unwavering dedication to the company has been felt well after his decision to transition to academia as he played an instrumental role in identifying the new team that will succeed him. We thank him for his countless contributions over the years and wish him all the best as he pursues his passion for higher education.”
Prior to his corporate role, Sherman spent 17 years at Omnicom’s BBDO, most recently as EVP, Managing Director of BBDO Europe, where he led a region consisting of 35 offices across 18 countries from headquarters in Milan and Paris. While he was in Europe, those offices experienced consistent year-on-year growth, won multiple pan-European pitches, and BBDO was named the most creative network in Europe for the first time. Before moving to Europe, Sherman held leadership positions at both BBDO’s San Francisco and New York offices.
To stay up to date on Omnicom’s upcoming announcements, visit omnicomgroup.com.
About Omnicom Group Inc.
Omnicom Group (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms offer services in advertising, strategic media planning and buying, precision marketing, commerce and brand consulting, experiential, customer relationship marketing (CRM), public relations, healthcare marketing and other specialty communications services to over 5,000 clients in more than 70 countries.
Katie Beaule [email protected]