Agency.com and Interactive Solutions Merge Operations
The combined agency has 375 employees across offices in Boston, New York, Dallas, London, and San Francisco, working on a diverse range of accounts with an estimated total revenue of $60 million. The merged entity will serve notable clients such as American Express, British Airways, General Motors, Hewlett-Packard, and Lucent Technologies. Chris Butler, president and CEO of Interactive Solutions, will assume the role of chairman at the merged Agency.com, while Chan Suh, current chairman and CEO, will become CEO of the merged shop.
Key Takeaways:
- The merged agency will retain a diverse range of clients, including American Express, British Airways, General Motors, Hewlett-Packard, and Lucent Technologies.
- The combined entity will be owned by Omnicom Group, which will hold a 40 percent stake, and the management of Agency.com, also holding a 40 percent stake.
- Chris Butler will become chairman of the merged Agency.com, and Chan Suh will assume the role of CEO.
- Thor Johnson, current COO at Interactive Solutions, will become president of the Boston office of the merged Agency.com.
- Key officers at Agency.com, including Kyle Shannon and Ken Trush, will retain their roles under the new entity.
- The merged agency will have a significant presence in Boston, New York, Dallas, London, and San Francisco, with a total of 375 employees.
- The combined agency will work on accounts with an estimated total revenue of $60 million.
Statistics:
- 375: The number of employees at the merged Agency.com.
- $60 million: The estimated total revenue of the accounts serviced by the merged agency.
- 40%: The ownership stake held by Omnicom Group in the merged Agency.com.
- 40%: The ownership stake held by the management of Agency.com in the merged entity.
- 355: The estimated number of employees from Agency.com before the merger.
- 20: The estimated number of employees from Interactive Solutions before the merger.
- 5: The number of offices maintained by the merged agency.
- 2: The number of key officers who will retain their roles under the new entity.
Sources:
- "Agency.com and Interactive Solutions to Merge",
- "Omnicom Group"