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Stock impact report

Omnicom Announces Dennis Hewitt Steps Down as Treasurer

Omnicom Group Inc. (OMC) 
Last omnicom group inc. earnings: 4/28 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.omnicomgroup.com
Company Research Source: PR Newswire
NEW YORK, Oct. 12, 2018 /PRNewswire/ -- Omnicom Group Inc. (NYSE: OMC) today announced that Dennis Hewitt, has decided to retire as Treasurer of the company and as Chief Executive Officer of its wholly owned subsidiary Omnicom Capital Inc., effective Dec. 31, 2018. In making the announcement, John Wren, Chairman and CEO, Omnicom Group said, "Over the past 30 years, Dennis has built a world-class treasury organization. When he joined the company in 1988, our revenue was less than $1 billion and now it's over $15 billion. Through the years, Dennis has played an integral role in managing our growth, profitability, and preserving our strong balance sheet. We appreciate all of his many efforts to help drive Omnicom's success and we wish him all the best.""I am very proud of what the Treasury team has accomplished during my tenure at Omnicom, as we built a treasury function that today spans most countries and time zones," said Dennis Hewitt. "I believe the company is extremely well position Show less Read more
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