IPG’s Krakowsky in line for multi-million dollar payout – and new Omnicom job - More About Advertising
Omnicom/IPG may be looking for $750m a year in savings (rival Sir Martin Sorrell reckons up to 10,000 jobs may go if the merger succeeds) but IPG CEO Philippe Krakowsky (below) is guaranteed a new job as co-COO of the entity and a payout reportedly worth around $49m. This is, according to Ad Age, the