Interpublic makes its own pitch to Wall Street

03/28/2006 | NYTimes.com · Advertising Age (tiered subscription model)

The Interpublic Group made an unprecedented "Investor Day" pitch to reassure some 300 Wall Street types that the advertising giant is really serious about making a turnaround. The No. 3 agency in terms of revenue outlined changes large and small -- most notably reducing its troubled Lowe Worldwide division from 83 offices to 36 in eight key "hubs" around the globe -- and used the occasion to introduce its new slate of executives.

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NYTimes.com · Advertising Age (tiered subscription model)

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