STOCK TITAN

Omnicom elevates Alex Lubar to Global CEO of DDB Worldwide

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Glen Lomas becomes Global President and COO of DDB Worldwide, Alex Lubar appointed as Global CEO
Positive
  • Glen Lomas appointed as Global President and COO of DDB Worldwide
  • Alex Lubar appointed as Global CEO of DDB Worldwide
Negative
  • None.

Glen Lomas becomes Global President and Chief Operating Officer 

NEW YORK, Oct. 4, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) Chairman and CEO John Wren today announced the elevation of Alex Lubar as Global CEO of DDB Worldwide. Lubar succeeds current Global CEO Marty O'Halloran who will continue as Chairman. In addition, Glen Lomas currently CEO, DDB EMEA, based in London, becomes Global President and Chief Operating Officer in partnership with Alex.

"We are pleased to announce these changes as DDB has reclaimed its title of being one of the top creative agencies in the world, including 2023 Cannes Network of the Year," said John Wren, Chairman and CEO, Omnicom. "Marty's dedication to DDB has made him an integral part of the network's culture and operations, and we thank him for his strong leadership during the past four years as CEO. With extensive global leadership credentials within the industry, we are confident that Alex, supported by Glen, will continue to elevate the network and build upon its legacy of creative excellence."

Lubar was appointed President and Chief Operating Officer of DDB Worldwide last October 2022, following ten years at McCann. He held several regional leadership roles during the course of his time there including President, McCann North America, head of McCann's Asia Pacific region, and CEO of McCann London.

Said Lubar about his new role, "Since its inception, DDB has unlocked the power of human emotion to make millions of different people change how they behave, feel, and transact with brands and businesses around the world. We believe that creativity, in all its modern forms, has the power to profoundly transform our clients' businesses. I am honored to have the opportunity to lead Bill Bernbach's legacy into the future with such a talented global staff and leadership team who all share the same vision."

Lomas has unparalleled international client experience at DDB having been CEO of Europe, Middle East, and Africa, DDB's largest region and with the network since 1995. Based in London, he is responsible for the EMEA region and has built successful client teams across geographies while creating an environment where creativity and effectiveness flourish across the network.

Said Lomas about his appointment: "It has always been a privilege to work at DDB and it is a great honor to take on this role. DDB has always been where brilliant, unpretentious people turn up each day to apply their creativity to solving problems. The problems and solutions change, but that culture doesn't. I love what this network is capable of when it comes together, as demonstrated this year at Cannes, and Alex and I are here to ensure that spirit continues and the network keeps evolving to attract the most ambitious talent and clients."

O'Halloran has been a leader within the DDB network for close to four decades and took over the role of Global CEO in 2020. Under his leadership, DDB won 2023 Network of the Year at Cannes, Network of the Year for the past 3 years at D&AD, and Network of the Year at Effie US and Latina.

"It has been my honor to lead DDB over the past 4 years," said O'Halloran. "The talent across our regions is incredible and together we've been able to produce work that has achieved transformative results for our clients and has been awarded as some of the best creativity in the world. As part of this orchestrated succession plan, there is no doubt in my mind Alex will continue to lead the DDB network to new heights. I look forward to working in a Chairman's capacity with Alex and Glen as they partner in leading the way forward with their global leadership team."

ABOUT DDB WORLDWIDE     
DDB Worldwide (www.ddb.com) is one of the world's largest and most influential advertising and marketing networks which includes DDB branded agencies, along with adam&eveDDB (London, Berlin, New York), DM9 and Africa (both in Brazil), alma (Miami), Mango, Track and Rodgers Townsend. DDB has been awarded numerous accolades from the industry's leading awards shows including 2023 Global Network of the Year by the Cannes Lions International Festival of Creativity, D&AD Agency Network of the Year for three consecutive years 2023, 2022, 2021, and Effie's US Agency of the Year in 2022 and 2023. WARC has listed DDB as one of the Top 3 Global Networks for 12 of the last 15 years. The network's clients include MARS, McDonald's, Molson Coors, Volkswagen, Reynolds Consumer Products, Peloton, JetBlue, Adidas, Lucozade, CALM, PlayStation, Marmite, Waitrose & Partners, and the U.S. Army, among others. Founded in 1949, DDB is part of the Omnicom Group (NYSE: OMC) and consists of approximately 10,000 employees across over 140 offices in over 60 countries, with its headquarters in New York, NY.     

ABOUT OMNICOM
Omnicom (NYSE – OMC) is a leading global marketing and corporate communications company. Omnicom's branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 70 countries.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/omnicom-elevates-alex-lubar-to-global-ceo-of-ddb-worldwide-301947031.html

SOURCE Omnicom Group Inc.

Omnicom Group Inc.

NYSE:OMC

OMC Rankings

OMC Latest News

OMC Stock Data

18.14B
195.80M
1.06%
95.68%
4.73%
Advertising Agencies
Professional, Scientific, and Technical Services
Link
United States of America
NEW YORK

About OMC

omnicom group is the leading global marketing communications company providing the best talent, creativity and digital innovation in the world of integrated marketing services for more than 200 brands - including some of the world’s most iconic, innovative and successful. about: omnicom group (nyse: omc) is a strategic holding company that has the industry’s most diverse portfolio of more than1,000 companies serving over 5,000 clients in more than 100 countries. omnicom and its agencies have a corporate culture distinguished by a long-standing belief in the power of learning and training. the company offers the industry’s richest opportunities for individual growth, with offerings that include omnicom university, catalyst at ddb, bbdo university, tiger academy at tbwa, ketchum university, omd foundations, and more - all contributing to enhancing employees’ professional breadth and our success in retaining top talent. year after year, omnicom brands win the lion’s share of industry awar