OMNICOM GROUP INC. (NYSE:OMC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
(d) On July 13, 2017, the Board of Directors (the “Board”) of Omnicom Group Inc. (the “Company”) elected Gracia C. Martore as a member of the Board, effective immediately. Ms. Martore will hold office as a director on the Board until the Company’s next annual meeting of shareholders and until her successor is elected and qualified or until her earlier resignation or removal. Ms. Martore has been appointed to serve on the Audit Committee of the Board.
Ms. Martore has no direct or indirect interest in any transaction with the Company that would qualify as a related party transaction under Item 404(a) of Regulation S-K. There is no arrangement or understanding between Ms. Martore and any other person to which she was selected as a director.
Ms. Martore will receive compensation for her service on the Board in accordance with the Company’s standard compensatory arrangement for non-employee directors. A description of the Company’s non-employee director compensation can be found under the caption “Directors’ Compensation for Fiscal 2016” in the Company’s Notice of 2017 Annual Meeting of Shareholders and Proxy Statement filed with the Securities and Exchange Commission on April 13, 2017. Ms. Martore’s compensation for service as a non-employee director from the date of her election to the end of 2017 will be prorated to reflect the remainder of the Company’s annual non-employee director compensation program.
A copy of the press release issued by the Company on July 18, 2017, which announces the appointment of Ms. Martore, is attached hereto as Exhibit 99.1 and incorporated herein by reference
Item 9.01 Financial Statements and Exhibits.
| Exhibit No. | Description |
| 99.1 | Press Release dated July 18, 2017. |
OMNICOM GROUP INC. ExhibitEX-99.1 2 e74899ex99-1.htm PRESS RELEASE Exhibit 99.1 Gracia Martore Joins Omnicom’s Board of Directors Joins Deborah Kissire and Valerie Williams as part of Omnicom’s Board Refreshment NEW YORK,…To view the full exhibit click here
About OMNICOM GROUP INC. (NYSE:OMC)
Omnicom Group Inc. is a holding company. The Company provides advertising, marketing and corporate communications services. The Company’s branded networks and agencies operate in all markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management (CRM), public relations and specialty communications. The Company’s services include advertising, brand consultancy, content marketing, corporate social responsibility consulting, crisis communications, custom publishing, data analytics, database management, direct marketing, entertainment marketing, environmental design, experiential marketing, field marketing, graphic arts/digital imaging, healthcare communications, interactive marketing, investor relations, marketing research, media planning and buying, mobile marketing, multi-cultural marketing, non-profit marketing, organizational communications, package design, product placement and promotional marketing.
