«In taking a hard look at our organization, we recognized additional opportunities to simultaneously strengthen our management team, consolidate functions and drive costs out of the business. Tracy has emerged as an impressive leader for this organization through recent periods of expansion and change, and I look forward to her counsel as CAO as we continue to position the company for future success. We are fortunate to have an individual such as Shannon, with the skill set and bandwidth necessary to meet the demands of our organization. Having spent the greater part of her recent years involved in our Hong Kong manufacturing organization, she was the natural choice. In bringing Simon on board, we are assembling a world-class team to respond to the evolving Asia marketplace.»

«We originally joined IPG for the same reasons all agencies join big holding companies: 'synergy,' mutual benefit to the agencies and the clients. We've largely missed any business benefits from being owned, and instead have maintained our own highly independent operating style. The lesson here is age-old: Be careful what you wish for.»