Publicis Groupe: Publicis Groupe and Omnicom: Meeting in Miami
OMNICOM AND PUBLICIS HOLD JOINT MANAGEMENT MEETING
New York and Paris, October 21, 2013 - Omnicom Group Inc. (NYSE: OMC) and
Publicis Groupe SA (Euronext Paris: FR0000130577) hosted their first joint
Management Meeting in advance of the companies' intended merger, which is
expected to be completed in the first quarter of 2014.
In preparation for joining together, the companies also announced the creation
of an integration planning committee that is working to define the work
processes, as well as the mission for the combined company. Co-chaired by Wren
and Lévy, the integration planning committee will also be tasked with
identifying future enterprise-wide opportunities, synergies, centers of
excellence, and specific integration teams to ensure an efficient and
value-add future organization on "Day One."
Held in Miami from October 17-21, the meeting's purpose was to give Publicis
Groupe and Omnicom executives the opportunity to get to know each other better
both socially and professionally, and to begin to learn more about their
respective networks and agencies. Seventy-four network agency heads, chief
creative officers and other senior executives from Omnicom and Publicis Groupe
attended the meeting.
The spirit of the meeting was all about bonding and future collaboration.
Over the four-day period, representatives from each organization attended
large group plenary sessions, which featured presentations by networks and
brands. The meeting also included smaller, break-out sessions to discuss
common general objectives, as well as shared values and mission for the new
John Wren, President and CEO, Omnicom said, "For many years, Omnicom and
Publicis have admired and respected each other. As a result of this meeting,
our firms now have a much better feel for our respective organizations -- the
people, the capabilities, the aspirations. While there are many steps still to
be taken in order for our merger to close, we are pleased that this meeting
accomplished its goal of beginning to plan future collaborations as potential
colleagues and partners."
Maurice Lévy, Chairman and CEO of Publicis Groupe, added, "I have been
impressed by the positive energy and spirit that came out of this meeting. All
participants were highly motivated by the prospect of the merger and worked
enthusiastically and collaboratively toward planning for the success of the
future group. Each presentation demonstrated the incredible talent, strength,
quality of work, and expertise of each operation from all perspectives and
particularly in their capacity of delivering innovation and creativity to
clients. All participants who have been part of these intense four days of
work can only be more confident of what lies ahead for the future of Publicis
About Publicis Groupe
Publicis Groupe [Euronext Paris FR0000130577, CAC 40] is one of the world's
leading communications groups. We offer the full range of services and skills:
digital (DigitasLBi, Razorfish, Rosetta, VivaKi), creative services (BBH, Leo
Burnett, Publicis Worldwide, Saatchi & Saatchi), public affairs, corporate
communications and events (MSLGROUP), media strategy, planning and buying
(Starcom MediaVest Group and ZenithOptimedia) and healthcare communications,
with Publicis Healthcare Communications Group (PHCG). Present in 108
countries, the Groupe employs 60,000 professionals.
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Omnicom Group Inc. (NYSE: OMC) 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
Contacts Corporate + 33 (0)1 44 43
Communication 72 83
Peggy Nahmany Investor Relations + 33 (0)1 44 43
Investor Relations 65 00
Martine Hue + 33 (0)1 44 43
Stéphanie Constand-Atellian 74 44
Omnicom +(1) 212-415-3669
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Source: Publicis Groupe via Thomson Reuters ONE
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