Home Tags Posts tagged with "maurice levy"

maurice levy

0

Saatchi and Saatchi chairman Kevin Roberts has been put on leave for saying the debate on gender bias in the industry is “all over”.

He told Business Insider he did not think the lack of women in leadership roles “is a problem” in the advertising industry.

However, Maurice Levy, the head of the advertising company’s parent group, Publicis, said it would not tolerate anyone who did not value inclusion.

Publicis said its board would decide whether to take further action.

In the interview, published on July 29, Kevin Roberts said the “debate is all over” about gender diversity in the advertising industry.

Photo Facebook

Photo Facebook

He goes on to say that rather than holding ambitions to progress into the higher echelons of management, many women – and men – simply want to be happy and “do great work”.

Kevin Roberts adds: “…they are going: <<Actually guys, you’re missing the point, you don’t understand: I’m way happier than you.>> Their ambition is not a vertical ambition, it’s this intrinsic, circular ambition to be happy.

“So they say: <<We are not judging ourselves by those standards that you idiotic dinosaur-like men judge yourself by.>> I don’t think [the lack of women in leadership roles] is a problem.

“I’m just not worried about it because they are very happy, they’re very successful, and doing great work. I can’t talk about s**ual discrimination because we’ve never had that problem, thank goodness.”

Publicis CEO Maurice Levy said: “It is for the gravity of these statements that Kevin Roberts has been asked to take a leave of absence from Publicis Groupe effective immediately.

“As a member of The Directoire, it will ultimately be the Publicis Groupe Supervisory Board’s duty to further evaluate his standing.”

Maurice Levy added: “While fostering a work environment that is inclusive of all talent is a collective responsibility, it is leadership’s job to nurture the career aspirations and goals of all our talent.

“Promoting gender equality starts at the top and the Groupe will not tolerate anyone speaking for our organization who does not value the importance of inclusion.”

0

French Publicis and American Omnicom have announced a merger to create the world’s biggest advertising company worth $35.1 billion.

Omnicom chief executive John Wren and Publicis Groupe boss Maurice Levy are to become joint CEOs.

Each firm’s shareholders will hold about 50% of the new Publicis Omnicom Group.

Publicis Omnicom will be listed in Paris and New York and will employ more than 130,000 people.

Among the well-known industry names that are in the combined company are BBDO, Saatchi & Saatchi, and Leo Burnett.

Publicis and Omnicom have announced a merger to create the world's biggest advertising company worth $35.1 billion

Publicis and Omnicom have announced a merger to create the world’s biggest advertising company worth $35.1 billion

“The communication and marketing landscape has undergone dramatic changes in recent years including the exponential development of new media giants, the explosion of big data, blurring of the roles of all players and profound changes in consumer behavior,” said Maurice Levy.

“John and I have conceived this merger to benefit our clients by bringing together the most comprehensive offering of analogue and digital services.”

Publicis Groupe shareholders will receive one share of the new Publicis Omnicom Group for each Publicis share they own and a special dividend of 1 euro per share.

Omnicom shareholders will receive 0.813 shares of Publicis Omnicom Group for each Omnicom share they own, together with a special dividend of $2 per share, plus quarterly dividend payments.

The companies see savings of $500 million from the merger, and the deal is expected to be finalized by the end of the March 2014. They say the merger should be “tax-free” and the holding company based in the Netherlands.

The new Publicis Omnicom Group will overtake UK rival WPP in size.

[youtube YaSlitzLm6o]

© © 2011 - 2023 BelleNews.com