TITLE

WPP's Chinese partner elopes with Omnicom

AUTHOR(S)
Johnson, Mark
PUB. DATE
July 2006
SOURCE
Campaign;7/7/2006, Issue 27, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on split in the partnership between the Chinese advertising agency Citic Guoan Co. and WPP Group PLC. Yan Gang, the chairman of Citic Guoan, accused Martin Sorrell of WPP Group of being unmannered and having no culture. Citic Guoan ended its 14-year partnership with Grey Global Group. WPP inherited the joint venture between Grey and Citic Guoan after acquiring Grey Global Group in 2005. However, after 15 months of acquisition, Citic Guoan decided to build a future with WPP's rival Omnicom as its strategic partner.
ACCESSION #
21679693

 

Related Articles

  • Money, Not Manners, Was Reason for Split. O'Leary, Noreen // Adweek;6/19/2006, Vol. 47 Issue 25, p6 

    The article reports that CITIC Guoan Co. has recently announced the termination of its joint venture with Grey Worldwide, the split was curious to say the least: In making the statement to reporters in Beijing, the Chinese company's executive vice chairman Yan Gang blamed the parting on Grey...

  • Another Business Partner Bad Mouths Sorrell. O'Leary, Noren // Adweek;6/12/2006, Vol. 47 Issue 24, p7 

    The article reports on CITIC Guoan Group, a company that facilitates media industry operations in China, ending its deal with WPP Group PLC to partner with Omnicom Corp. WPP CEO Martin Sorrell again found himself the target of a verbal attack from a former associate in an international market....

  • Michelin forms powertrain venture with Chinese firm. Lan, Lan // Rubber & Plastics News;12/15/2008, Vol. 38 Issue 10, p20 

    The article reports that French tire maker Michelin SA and a Chinese company CITIC Guoan Mengguli Corp. have agreed to jointly develop electric powertrains. The system will integrate Michelin's active wheel technology with MGL's lithium ion batteries. The active wheel is Michelin's proprietary...

  • Martin Sorrell. Wentz, Laurel // Advertising Age International;07/13/98, pS3 

    Profiles Martin Sorrell, chief executive at WPP Group. Sorrell's role in creating the MindShare media brand; WPP's multiagency structure; MindShare's start in Asia.

  • U.K., U.S. investors at odds in WPP fight. Burr, Barry B. // Pensions & Investments;6/26/1995, Vol. 23 Issue 13, p1 

    Reports on the clash between British and American investors over WPP Group PLC's incentive pay proposal for Chief Executive Martin Sorrell. Fidelity Investments Inc.'s pledge to support the proposal; Debate over the size of compensation in the proposal; WPP's move to put the pay package up to a...

  • Sorrell sells 40% of his stake in WPP. Wentz, Laurel // Advertising Age;12/6/1993, Vol. 64 Issue 51, p4 

    Reports on WPP Group chief executive Martin Sorrell's sale of 40 percent of his stake in WPP. Lack of effect on WPP's ownership or management structure; Speculations on the reason for the sale.

  • An Englishman in New York. Dignam, Conor // Ad Age Global;Dec2000, Vol. 1 Issue 4, p30 

    Profiles Sir Martin Sorrell of WPP in Manhattan, New York. Details on WPP clients and operating companies; Career background of Sorrell; Views of Sorrel on the Americanization of the market.

  • Adland's fat cats are overfed but deserve to get some cream. Lee, Jeremy // Campaign;11/4/2011, Issue 44, p16 

    In this article, the author talks about the issues regarding the basic salary of WPP Group PLC chief executive officer (CEO) Martin Sorrell.

  • Sorrell and Singo's clash of swords. Koremans, Soiya // B&T Weekly;6/8/2007, Vol. 57 Issue 2614, p9 

    The article comments on the remarks of John Singleton to his former global advertising partner and WPP head Sir Martin Sorrell after he sold his remaining 18.6 million shares in STW Group. He cited that Sorrell missed an opportunity in Australia. Singleton cited that WPP's performance in...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics