Quantcast
 
Read Larry Connors' blogShort Term Trading Strategies


 

John Farrell Resigns as President & CEO of Publicis Groupe SAMS Worldwide

Fri. July 25, 2008; Posted: 11:39 AM
Stocks RSS
PARIS, July 25, 2008 /PRNewswire-FirstCall via COMTEX/ -- PUB | Quote | Chart | News | PowerRating -- Publicis Groupe announced today the resignation of John Farrell, President & CEO of the Groupe's Specialised Agencies and Marketing Services (SAMS), with effect from July 1st 2009. John Farrell joined Publicis Groupe in 2003 as a result of the B/Com3 acquisition, where he was worldwide President & CEO of D'Arcy Masius Benton & Bowles.

Under John Farrell's leadership, since 2003, Publicis Groupe's SAMS operations have grown from 23% to 36% of the revenues of a now much larger group, which is made up of some of the leading assets in the industry. Over the last 5 years John Farrell has also played a leading role on Publicis Groupe's global mergers and acquisitions strategy, and has been instrumental in inspiring many of the Groupe's most important acquisitions, such as Digitas, Freud Communications in the UK, and Kekst in the USA.

Maurice Levy, Chairman & CEO of Publicis Groupe commented: "I am very sorry that John has taken this decision, as he has done an outstanding job for us defining the strategy of SAMS, and building the business to its current important level. It's typical of John's professionalism that he has agreed to continue working with me and the other members of the P12 on executing our transition plans for SAMS over the coming months. John's impressive knowledge of holistic communications has made him an invaluable member of our Groupe executive committee, (the P12), and he will be missed. I would like to sincerely thank him for his many contributions to the Groupe's success. I also want to wish him well with his new adventures, and have absolutely no doubt about his continued success!"

John Farrell added: "I am proud of the substantial SAMS business we have created together, and am fully committed to ensuring their further success before my departure. I set out to build a robust, quality presence for Publicis Groupe SAMS, and at 36% of the groupe revenues today, I feel that's achieved. This was a tough decision for me as my 5 years at the Publicis Groupe have been some of the most exciting of my career. It has been a privilege and an education to work with Maurice, my P12 friends and colleagues, and alongside the inspiring people of Publicis Groupe, and I am now looking forward excitedly to the next phase of my professional life!"

About Publicis Groupe

Publicis Groupe [Euronext Paris: FR0000130577] is the world's fourth largest communications group. In addition, it is ranked as the world's second largest media counsel and buying group, and is a global leader in digital and healthcare communications. With activities spanning 104 countries on five continents, the Groupe employs approximately 44,000 professionals.

The Groupe offers local and international clients a complete range of communication services, from advertising through three autonomous global advertising networks, Leo Burnett, Publicis, Saatchi & Saatchi and two multi-hub networks, Fallon and 49%-owned Bartle Bogle Hegarty; to media consultancy and buying, through two worldwide networks, Starcom MediaVest Group and ZenithOptimedia; interactive and digital marketing led by Digitas ; Specialized Agencies and Marketing Services offering healthcare communications, corporate and financial communications, sustainability communications, shopper marketing, public relations, CRM and direct marketing, event and sports marketing, and multicultural communications.

Web Site: http://www.publicisgroupe.com

SOURCE Publicis Groupe Services

For full details for PUB click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Most Popular News
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.