Omnicom Advertising announces leadership transition, shares fall

Omnicom

09/09/2026 18:22

** Shares of sales and marketing firm Omnicom OMC.N fall more than 4% to $77.81
** Co announces retirement of Troy Ruhanen as president and CEO of Omnicom Advertising
** Appoints Andrew Robertson, currently chairman of BBDO Worldwide, as CEO of Omnicom Advertising effective immediately
** Ruhanen's decision follows the successful integration of Omnicom Advertising after the Omnicom–Interpublic combination
** 8 of 15 brokerages rate the stock "buy" or above, 6 "hold" and 1 "sell"; median PT at $96.50 — data compiled by LSEG
** Including session moves, stock has fallen 3.41% this year

 (Reporting by Miraanta Lowrance in Bengaluru)
 ((miraanta.lowrance@thomsonreuters.com))