No. 211 - November 2016
e.wire is WPPâ€™s monthly public round-up of news and initiatives across the Groupâ€™s worldwide network. The following are edited highlights;
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Amsterdam agencies to share new home
WPP is investing in a landmark building in Amsterdam as a new base for its operating companies in the city. The agencies will move into a redevelopment of the well-known Rivierstaete building located in the centre of the city on the banks of the Amstel River. WPP has agreed a long-term lease with a targeted occupation date of mid 2018. The new office will bring together some 30 companies and approximately 1,500 people in 19,000 square metres of space. Sir Martin Sorrell, CEO of WPP, said: “Our strategic priority is ‘horizontality’ – encouraging the seamless collaboration between our agencies and disciplines that our clients increasingly demand and value. The new building in Amsterdam will allow our companies to work more closely and more effectively together, and our people will have the benefit of an outstanding working environment tailored to the needs of modern advertising and marketing services businesses. This is a clear statement to the market of our commitment to the Netherlands and the strength of our businesses there.”
David Patton named President of Y&R
Y&R Global CEO, David Sable, has announced the appointment of David Patton as the new Global President of Y&R, charging him with operational leadership across the regions. Patton will join the agency in January 2017, and will be based in London. He comes to Y&R from Grey Group, where he has served as the President and CEO of Grey EMEA for the past six years, and the CEO of Grey UK for two years before that. “The Y&R brand is iconic in the industry, and it has continued to build on its legacy, becoming one of the top-ranking creative networks in the world and achieving this standard of excellence with offices from all around the network. I look forward to working closely with David and the regional leaders,” said Patton.
Tim Castree succeeds Charles Courtier as Global CEO of MEC
GroupM has announced a leadership transition at MEC. After nearly 20 years at WPP and 14 years leading MEC, Charles Courtier is stepping down from the role of Global CEO to focus on interests outside the company. Succeeding him will be Tim Castree who will lead MEC’s 5,000 employees, who between them manage more than $25 billion in annual advertising investment for blue-chip clients in 93 countries. Courtier will continue as MEC’s CEO through a transition period and step down at the end of the year, but continue with WPP until June 2017. Castree will assume his new role in January 2017. “I am immensely proud of what we’ve achieved at MEC and honoured to have worked with such unique people at such a genuinely special agency. However, it is the right time for me to move on and start a second life,” said Courtier.
WPP signs agreement with PPG in Iran
Iranian digital marketing services leader, PPG, has signed an affiliation agreement with WPP. This agreement will give WPP and its clients access, on an exclusive basis, to the most effective digital marketing channels in the Iranian market. PPG employs more than 200 people and comprises several leading Iranian digital businesses, including Anetwork, ADRO, RASANEX, ADAD, and a host of other leading content, technology, data, mobile and digital consultancy businesses.
Third quarter growth for WPP
WPP has posted its third quarter trading update, with reported revenue growth of 23.4% in sterling, and constant currency growth of 7.6%. The performance reflects the continuing weakness of the pound against most currencies, especially during the third quarter, following the United Kingdom’s vote to leave the European Union.
Xaxis acquires US e-commerce specialist Triad Retail Media
Programmatic media and technology platform, Xaxis, has agreed to acquire Triad Retail Media, a leading digital retail media specialist in the US. Triad fuels mobile and desktop e-commerce by enabling large retailers to turn their websites and apps into valuable advertising platforms, providing marketers with unparalleled ability to reach and engage consumers as they shop online. Clients include Walmart, Sam’s Club, eBay, Toys “R” Us, Kohl’s, Asda Stores Limited and other global retailers. Founded in 2004, the company employs nearly 700 people and is based in St. Petersburg, FL with offices in London, Sydney, Hamburg, Amsterdam and ten other markets.
Mirum launches in Middle East and Africa
J. Walter Thompson’s Mirum has launched in the Middle East and Africa, bringing together three regional digital powerhouses, Cleartag, HeathWallace and Quirk. Renowned for their innovative and entrepreneurial cultures, together they will form what is effectively one of the largest technology and innovation agencies in the region. Mirum is a new breed of digital agency, created by the J. Walter Thompson Company in 2015, joining its most innovative and specialised digital marketing companies worldwide into a network of over 2,400 staff across 46 offices. Mirum’s goal is to “make what’s next” for clients that understand and embrace the transformative power of digital technology.
ScrollMotion becomes WPP’s latest content investment
WPP has made an investment in ScrollMotion, Inc., a software company that has developed a platform for building interactive mobile content without the need for developers. ScrollMotion has worked with multiple clients and agencies, including Apple, Genentech, JPMorgan Chase & Co., Verizon and ghg/greyhealthgroup. ScrollMotion's software division develops designer-friendly tools that enable clients and agencies to build and distribute interactive mobile content for sales teams, trade shows and kiosks. Its creative agency, ScrollMotion Blue, works directly with clients to design apps. Founded in 2008, it employs approximately 80 people and is based in New York with an office in San Diego.
to handle its £55m UK media account.
for Electrolux and Frigidaire brands.
to handle its digital media across EMEA and South East Asia.
Mövenpick Hotels & Resorts appoints Keyade Middle East
to manage the company’s entire portfolio of search engine advertising campaigns worldwide.
WPP appoints Tarek Farahat
to its board as a Non-Executive Director.
Ogilvy & Mather Singapore appoints Ee Rong Chong
as Group MD.
as Chief Strategy Officer.
Scott Watson promoted to Global Chief Creative Officer
at Ogilvy CommonHealth Worldwide.
at the 2016 Euro Effies.
at the 2016 PR News Platinum PR Awards.
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Kantar Retail has released the results of its 2016 US PoweRanking® survey, an annual study that identifies the manufacturers and retailers that are viewed as best-in-class by one another and provides insight into what distinguishes them across key areas of the manufacturer-retailer business relationship. This year, PepsiCo achieves the top position for suppliers, whilst Walmart and Kroger are in a virtual tie for the top position for retailers.
A first-of-its-kind report, the Group XP Experience Index, leverages data from BrandZ
– the world’s largest brand equity database – to evaluate brands according to the strength of their customer experience. The report ranks the top 30 global experience brands against four specific components that seek to activate what has been called the most important marketing metric going forward: Share of Experience.
In summer 2016, New York-based digital agency SYZYGY commissioned a major national study of narcissism and digital behaviour among 2,568 adult Millennials (18-35, average 28) across the 50 US States. Participants completed a psychological test called the Narcissistic Personality Inventory (NPI-16) online and reported on their digital habits. For comparison, the study was replicated with a geographically matched comparative sample of 2,591 older non-Millennials.
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