Revenues for 2020 were down almost 12% globally after a tough year
Publicis and WPP have already phased out pay cuts.
The holding company turns in performance significantly worse than that of Publicis Groupe, as operating profit plummets 89% to $62.5 million.
Omnicom CEO: 'We were a bit shocked and put off when Wendy Clark decided to move on in the middle of a crisis'
John Wren said Chuck Brymer was able to step in with limited disruption "irrespective of whatever the behavior of his predecessor was."
Leadership is reducing their own salaries by a third and John Wren is waiving 100% of his until September.
John Wren shared empathy for those 'doing double-duty caring for a child or relative.'
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