Interpublic Group
Headquarters:
1114 Avenue of the Americas
New York, NY 10036
Phone: 212-704-1200
Employees: 41,000
CEO: Michael Roth
Stock Symbol: IPG
Website:
http://www.interpublic.com
Career Site
Founded in 1961, Interpublic Group is one
of the world's largest advertising and marketing companies. It
is comprised of hundreds of communication agencies around the
world that cover the spectrum of marketing disciplines and specialties,
including advertising, media, direct marketing, interactive services,
public relations and sports and entertainment marketing.
The company's major global agency brands include: Draftfcb, FutureBrand, GolinHarris International, Initiative, Jack Morton Worldwide, Lowe Worldwide, Magna, McCann Erickson, Momentum, MRM Worldwide, Octagon, R/GA, UM and Weber Shandwick. Leading domestic brands include Campbell-Ewald; Campbell Mithun; Carmichael Lynch; Deutsch, a Lowe & Partners Company; Hill Holliday; ID Media; Mullen and The Martin Agency.
Interpublic agencies serve more than 4,000 multinational, regional and local clients around the world. Many of its operating companies have ongoing relationships with some of the world's largest marketers, including Johnson & Johnson, Microsoft, Unilever and Verizon.
For 2009, the company reported revenues of $6.02 billion and net income of $143.4 million.
Interpublic has employees and offices in
130 countries.
History
Founded in 1873, Foote Cone and Belding
is one of Interpublic's oldest companies. In 1902, Alfred W.
Erickson founded his agency, and in 1911, H.K. McCann set up
an ad shop under his name. Lintas, founded in 1929 as the in-house
advertising agency for Lever Brothers, is now part of Lowe.
The seeds for a global holding company
were planted in the first half of the twentieth century and grew
out of these early agencies. These companies could only grow
by serving more clients and by covering larger geographies. Mergers
and acquisitions were aimed at extending the core client list
and the geographic coverage. The merger of the Erickson Company
and McCann in 1930 is just one of many examples. By the mid-1950s,
McCann-Erickson was a top-five agency with offices around the
world.
Marion Harper, who began his advertising
career as a trainee and mailroom clerk at McCann-Erickson in
1939, became CEO of the advertising agency in 1948. In this role,
Harper emphasized developing an international footprint and branching
out into new media and communication services. The missing piece
was the ability to serve competing clients and competing brands.
At the end of 1954, Harper acquired the
Marschalk and Pratt Agency and maintained it as a separate entity
to handle competing accounts outside the McCann banner. This
was the first visible step in what was to become, in 1960, the
first marketing services management holding company Interpublic.
Thus was born the concept of a holding
company. Interpublic began with a network of two (McCann-Erickson
Worldwide and McCann-Marschalk) and added 38 agencies, PR firms
and communications companies by 1966.
The company was listed on the New York
Stock Exchange in 1971.
Benefits
Interpublic Group offers a premium benefits package which includes more than one Medical and Dental plan to choose from, Domestic Partner Benefits, Paid Leave for new Moms and Dads, Adoption Benefits, Life Insurance, Long-Term and Short-Term Disability Benefit Programs, and a 401k with a matching benefit and performance match that fully vests in 3 years.
In addition, the company has flexible PTO (paid time off) benefits, Tuition Reimbursement, Healthcare and Dependent Care Flexible Spending Accounts (FSA) and Transportation Management Accounts (TMA).
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