The Interpublic Group of Companies, Inc. agreed to acquire FCB Health Network and McCann Health.
July 30, 2021
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The Interpublic Group of Companies, Inc. (NYSE:IPG) agreed to acquire FCB Health Network and McCann Health on July 1, 2021. FCB Health and McCann Health will be re-aligned under a new global network, to be called IPG Health, and a unified senior management team. In this new operating structure, the distinct agency brands remain active and will continue to go to market independently, but will benefit from additional specialty services, knowledge-sharing, proactive career management, and coordinated collaboration. The IPG Health offering will be led by CEO Dana Maiman. She will partner with Executive Chairman John Cahill, and the IPG Health Executive Leadership Team (ELT), which consists of Raj Singhal, who joins the network from IPG’s Huge, Mike Guarino and Lisa DuJat, who join from FCB Health, and Charlie Buckwell, who joins from McCann Health. A global senior leadership team and creative council, consisting of leaders from both FCB Health and McCann Health. The healthcare marketing agencies will continue to partner with IPG’s global creative networks, as well as the broader portfolio of media and marketing services providers, using IPG’s collaborative open architecture model.
The Interpublic Group of Companies, Inc. is a world leader in publicity and marketing services. The group designs and executes publicity campaigns and supplies consulting, media space purchasing, strategic planning, direct marketing, public relations, institutional communication, and other services. Net sales break down by activity network as follows:
- integrated agency network (85.8%): Draftfcb, Lowe, McCann, Campbell-Ewald, Hill Holliday, etc.;
- specialized agency network (14.2%): primarily Weber Shandwick, FutureBrand, DeVries, GolinHarris, Jack Morton and Octagon Worldwide.
Net sales break down geographically as follows: the United States (64.6%), the United Kingdom (8.2%), Europe (8.5%), Asia-Pacific (8.8%), Latin America (4%) and other (5.9%).