logo
  Join        Login             Stock Quote

Omnicom (OMC): Vice Chairman And CEO Of Omnicom APIMA To Retire

 January 04, 2013 04:23 PM
 


(By Balaseshan) Omnicom Group Inc. (NYSE: OMC), an advertising and marketing company, said its Vice Chairman and CEO of Asia Pacific/India/Middle East/Africa (APIMA), Tim Love, intends to retire at the end of the first quarter.

Love announced his intention to retire after resuming his duties at the company's corporate headquarters in New York, effective January 1, 2013.

During his 40-year career in advertising and brand building, Love has held senior client relationships in the U.S. and abroad and has worked with many of the Fortune 100 companies.

Ahead to becoming Vice Chairman of Omnicom in 2006, Love was President of Global Clients at Omnicom network TBWA Worldwide.

[Related -Futures Down As Investors In Cautious Mood; Saks, Inc. (SKS) In Focus]

"Tim has been an important part of our executive team, leading the current phase of our Asia Pacific expansion efforts," said John Wren, President and CEO, Omnicom. "While Tim may be retiring from Omnicom, he will undoubtedly bring his passion for making a difference in the world to the next chapter of his life. We wish him well."

Omnicom is a holding company, providing professional services to clients through multiple agencies. The agencies operate in markets worldwide and provide a range of services, which the company group into four disciplines: advertising, customer relationship management (CRM), public relations and specialty communications.

OMC closed Friday's regular session down 0.31% at $51.47. The stock has been trading between $43.83 and $54.76 for the past 52 weeks.

iOnTheMarket Premium
Advertisement

Advertisement


Post Comment -- Login is required to post message
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
 

rss feed

Latest Stories

article imageHow the Chinese Slowdown Will Impact Your Investments

Most countries would find a quarterly growth rate of 7.3% a cause for a read on...

article imageHow To Profit From Foreign Investment In Real Estate

Though investors don't always capitalize on it, history has a way of repeating itself. In fact, when I saw read on...

article imageAnother Round Of Upbeat US Macro Reports

The US economy grew faster than expected in this year’s third quarter, according to this morning’s read on...

article imageDistinguishing The Fed's Securities Purchases From Monetary Expansion

There has been a bit of confusion about what today's FOMC announcement means with respect to Quantitative read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.