Paul Oestreicher, former Genaissance Pharmaceuticals, Sanofi-Synthelabo, Edelman, Hill & Knowlton executive and frequent O'Dwyer's contributor, is the new communications & PA director at Yeshiva University in New York.
Katharine Weymouth, granddaughter of longtime Washington Post publisher Katharine Graham, is stepping down from the publisher spot as Amazon founder and chief Jezz Bezos puts his stamp on the media property.
Activist hedge fund Elliott Management said in an SEC filing it has built up a 6.7% stake in Interpublic in a bid to "engage in a constructive dialog" with IPG's board "regarding steps to maximize shareholder value."
Publicis Groupe suffered a 16.9% plunge in first-half net to $352M on flat revenues of $4.5B due to cancellation or postponement of campaigns and lousy economic conditions in Europe and emerging markets.
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