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| John Wren |
Omnicom's PR division suffered a 3.2 percent drop in Q4 revenues to $358.3M. Organic growth declined 2.5 percent.
The Portland, Mercury, CLS Strategies, Marina Maher Communications, Porter Novelli, Ketchum and FleishmanHillard group took a 3.9 percent revenue hit to $1.4B for the full-year. Organic revenues slipped 2.0 percent.
OMC's PR doldrums contrasted with solid gains for the advertising segment (BBDO, DDB, TBWA).
Q4 revenues for the advertising group rose 3.8 percent to $2.4B and 5.1 percent organically. Full-year revenues jumped 2.1 percent to $8.4B for 2019 and 4.5 percent on an organic basis.
CEO John Wren saw overall quarterly revenues inch up 1.3 percent to $4.1B, while net income rose 4.0 percent to $415M.
He led OMC to a 2.2 percent revenue decline to $14.9B in 2019 and a 1.0 percent dip in net income to $1.3B.
WPP CEO Cindy Rose has retained Goldman Sachs to explore strategic options regarding its Burson PR flagship, according to a report in the London Times.
Mike Sitrick has bought his firm Sitrick And Company back from RGP, the Dallas-based management consulting firm. He sold the strategic communications powerhouse for $43.4M in Oct. 2009.
Omnicom CEO John Wren enjoyed a 222 percent jump in 2025 compensation to $69.9M as the firm completed the acquisition of Interpublic.
Public Policy Holding Company recorded 24.7 percent growth in 2025 revenues to $186.5M and a 32.1 percent surge in adjusted net income to $36.6M.
S&P Global has reaffirmed its negative “BBB” rating on WPP due to ongoing challenges that it will face during the next 12 months.
