Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Nyse  >  Omnicom Group    OMC


News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Omnicom : Senior leadership promotions at OMG MENA to drive further growth

share with twitter share with LinkedIn share with facebook
share via e-mail
06/13/2019 | 06:36am EDT

Omnicom Media Group EMEA has announced three promotions at the top of its Middle East/North Africa (MENA) operations. The regional CEO, Elie Khouri, has been elevated to chairman, while OMD MENAs CEO, Nadim Samara, takes the same position at the regional holding and PHDs CEO Elda Choucair moves to the newly created role of COO.

At Omnicom Group for over 30 years, Elie Khouri has been leading its media division in the Middle East since 2001, when he left BBDO to become a founder of OMD in MENA. In 2006, he assumed the leadership of the newly formed Omnicom Media Group in MENA, following the opening of PHD in Dubai. Over the years, Khouri has stimulated the groups growth and steered it to a leadership position on a broad range of metrics. In his new role as chairman, he will continue to lead the groups strategic offering to clients and other stakeholders by fostering closer collaboration with other Omnicom entities. He will also ensure the smooth transition of the executive role to the new management team. Khouri will report to Mike Cooper, Omnicom Media Group CEO for EMEA and APAC.

Nadim Samara, currently OMD MENAs CEO, will now lead Omnicom Media Group MENA as CEO. At OMD since 2002, Samara has rapidly progressed through the ranks, from planning to analytics and agency management, and across functions and geographies within the global network. He has led OMDs regional transformation to a data and business performance-focused operation. Samara has also been the architect of its success in new business, innovation and recognition, with OMD being named Media Agency/Network of the Year at multiple award festivals in MENA. He will continue to report to Elie Khouri.

Leading PHD in MENA since 2008 and as its CEO for the last three years, Elda Choucair is one of the top executives in the GCCs media industry. Under her leadership, the company has grown seven-fold and become a key player in the region. Choucairs success in creating a future-ready positioning has made PHD a compelling proposition for both staff and clients, recognized by prestigious awards and accolades. She will expand her remit across the group as COO for the holding.

Our operations in the Middle East are a great source of pride as we lead there on many fronts across our networks and units. In these transformative times, speed, agility and innovation are huge assets and our leadership in this region has amply demonstrated the results of this approach, said Mike Cooper, Omnicom Media Group CEO for EMEA and APAC. With this new management structure, we will combine and capitalize on all this energy in order to grow further. We are uniquely placed to realize new opportunities to enhance operational efficiencies and service quality for the benefit of our clients.

What makes working in the Middle East so exciting is that there is still plenty to achieve. And with Omnicoms vision for talent, the growth prospects are endless. I am delighted to be given the opportunity to keep adding value and contribute to further progress in our group and our industry, Khouri commented. Together with Nadim and Elda, I look forward to widening our groups offering, strengthening our values and principles, and shaping our collective future.

The promotions are effective immediately.

(c) 2019 Daily News Egypt. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on OMNICOM GROUP
10/11Publicis shares pummeled after advertiser cuts outlook
10/11Publicis Cuts Its Guidance After Loss of Ad Spending -- WSJ
10/10OMNICOM GROUP : Schedules Third Quarter and Year-to-Date 2019 Earnings Release a..
10/10Publicis Groupe Cuts Organic Revenue Guidance
10/07ONE HUNDRED : And Gobel Group Form Strategic Partnership In Healthcare Philanthr..
10/01KETCHUM : Curates Wellness Council to Build Meaningful Connections Among Influen..
09/30OMNICOM : Agencies Uphold Creative Excellence at the Spikes Asia Festival of Cre..
09/27OMNICOM : TBWA Has Its Best Ever Performance At Spikes Asia
09/26OMNICOM : Strengthens Its AI-Based, User-Centric Personalization Solutions By Ac..
09/25OMNICOM : Jeffrey Moran Joins Ketchum as Managing Director, CPG
More news
Financials (USD)
Sales 2019 14 912 M
EBIT 2019 2 123 M
Net income 2019 1 326 M
Debt 2019 1 454 M
Yield 2019 3,48%
P/E ratio 2019 12,5x
P/E ratio 2020 11,9x
EV / Sales2019 1,19x
EV / Sales2020 1,13x
Capitalization 16 238 M
Duration : Period :
Omnicom Group Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends OMNICOM GROUP
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 15
Average target price 81,00  $
Last Close Price 74,65  $
Spread / Highest target 20,6%
Spread / Average Target 8,51%
Spread / Lowest Target -8,91%
EPS Revisions
John D. Wren Chairman, President & Chief Executive Officer
Philip J. Angelastro Chief Financial Officer & Executive Vice President
Leonard S. Coleman Lead Independent Director
Linda Johnson Rice Independent Director
Susan S. Denison Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
OMNICOM GROUP1.93%16 238
WPP GROUP9.97%14 901
JCDECAUX-3.67%5 557