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If necessity is the mother of invention, then the current economic scenario has certainly provided agency heads with an opportunity for making employees think out of the box. Contract Advertising recently held an internal initiative titled ‘Let’s make a difference- Recession friendly ideas,’ aimed at identifying ideas that would have the potential to directly impact the client’s bottom line in times of a downturn.
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Effective December 1, Rajamannar will step down after serving in the role for 12 years.
Morris joined the holding company in January 2024.
Accenture Song, Omnicom, Publicis and WPP have been battling for the account.
European Union is the last remaining jurisdiction where Omnicom is poised to win approval.