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Omnicom merges Ketchum and Pleon to broaden global network
June 16, 2009
In an agreement that marks one of the largest mergers ever in the PR profession, U.S.-based Ketchum and Pleon, Europe’s largest strategic communications consultancy, announced today they will combine operations.
The Omnicom Group's combined consultancy has more than 2,000 employees in owned operations and will now operate in 66 countries with 103 owned and affiliated offices worldwide.
The firm will operate as Ketchum globally and as Ketchum Pleon in the U.K. and across continental Europe. Raymond L. Kotcher, senior partner and CEO, Ketchum, will retain leadership of the organization and Timo Sieg, who most recently served as chairman and CEO of Pleon, will be the company’s CEO of Europe. David Gallagher is appointed president of Europe and continues as a senior partner of the firm and as CEO, London. Mark Hume serves as the chief financial officer for the region.
Agency officials expert the merger to be completed by Jan. 1, 2010.
Read the full release here.
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