Kantar boss ousted ahead of departure as Bain lays down the law February 17, 2020 Kantar chief executive Eric Salama has been ousted just months ahead of his planned departure as new owner Bain Capital turned its fire on the market research firm’s long-serving boss. Salama announced in December that he would step down from the company in 2020, citing “personal priorities” after he was stabbed in an attack in [...]
City Moves for 14 February – Who’s switching jobs at Takumi, C5 Capital and Shutterstock? February 14, 2020 Today’s City Moves includes Takumi, C5 Capital and Shutterstock Takumi London-based influencer marketing service Takumi has announced the appointment of Mary Keane-Dawson as group chief executive. Mary is globally recognised as a successful digital agency entrepreneur and business growth expert, having worked in the sector for over 30 years, and has previously held leadership roles [...]
Kantar appoints former ITV boss Adam Crozier as chairman February 11, 2020 Kantar today announced it has appointed former ITV chief executive Adam Crozier to chair the market research firm after it was spun out of WPP last year. Crozier, who currently chairs Asos, Whitbread and cinema chain Vue, has previously held the top jobs at Saatchi & Saatchi, the Football association and Royal Mail. The appointment [...]
Twitter shares rise as revenue beats $1bn for the first time February 6, 2020 Shares in Twitter rose as much as eight per cent in pre-market trading today after the social media firm missed profit estimates but beat $1bn in quarterly revenue for the first time. Twitter reported net income of $119m (£91m), down from $255m on the same quarter last year and behind expectations. However, the social media [...]
Snap stumbles after missing revenue expectations February 4, 2020 Shares in Snap tumbled as much as 12 per cent in extended trading, after the Snapchat parent firm failed to meet analyst expectations for fourth-quarter sales. Revenue for the three months to the end of December was reported at $560.9m, missing estimates of $563m as compiled by Refinitiv. Global daily active users — a key [...]
Accenture closes media auditing arm amid conflict of interest claims February 4, 2020 Accenture is set to close its media auditing division amid concerns of a conflict of interest with digital marketing business Accenture Interactive. The consulting giant runs a small division known as Accenture Media Management, which offers auditing and consulting services to brands. However, the company has come under scrutiny over a potential conflict of interest [...]
City Moves for 4 February – Who’s switching jobs at Saatchi & Saatchi, Barkby and Superunion? February 4, 2020 Today’s City Moves includes Saatchi & Saatchi, Barkby and Superunion Saatchi & Saatchi Saatchi & Saatchi London has announced the appointment of Andrew Kay as managing partner on its prominent BT account. Andrew takes on the new role after three years as managing director at BETC. He began his career with account management roles at [...]
Advertising veterans team up to launch specialist press agency January 23, 2020 Two top advertising executives have teamed up to launch a specialist press planning and buying agency called The Press Business. Steve Goodman, who served at WPP for 36 years, and former Omnicom director Peter Thomson said the new venture will exploit the opportunities created by an evolving media landscape. The London-based agency will focus on [...]
Sainsbury’s CEO Mike Coupe to retire after six years January 22, 2020 Mike Coupe is set to retire as chief executive of Sainsbury’s after six years at the helm, the company revealed today. The CEO will leave the role in May before retail and operations director Simon Roberts takes charge in June. Mike Coupe said leaving had been a “very difficult decision for me personally”. Read more: [...]
Former ITV boss Adam Crozier in talks to chair Kantar January 19, 2020 The former chief executive of ITV is in discussions to take over as chairman of market research giant Kantar. Adam Crozier, who led the broadcaster for seven years to 2017, has been approached about the role by Bain, which bought a majority stake in Kantar from WPP for $4bn (£3.2bn) last year. A source close [...]