Interpublic Appoints Alex Hesz as Chief Strategy Officer

Rhea-AI Summary

Interpublic Group (NYSE: IPG) has appointed Alex Hesz as Chief Strategy Officer. Hesz will work closely with IPG's leadership team on strategic priorities, including go-to-market positioning and integrated work with global clients. CEO Philippe Krakowsky highlighted Hesz's exceptional strategic skills and ability to drive outstanding performance.

Previously, Hesz served as Executive Vice President, Chief Strategy Officer at Omnicom and held strategic roles at Adam & Eve/DDB and DDB Worldwide. He has extensive experience working with major clients across various industries. Hesz expressed enthusiasm about joining IPG to further the company's strategic vision and integrate industry-leading capabilities.

This appointment aligns with IPG's focus on connecting marketing services, capabilities, and centralized strategic resources in areas such as data, marketing technology, and artificial intelligence. The move aims to enhance precision and performance in services provided to global marketers.

Positive

• Appointment of experienced strategist Alex Hesz as Chief Strategy Officer
• Potential for accelerated integration of media, technology, and creative capabilities
• Focus on enhancing precision and performance in services to global marketers
• Alignment with IPG's strategic priorities and go-to-market positioning

Negative

• None.

New York, NY, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) announced today the appointment of Alex Hesz as the company's Chief Strategy Officer. Hesz will collaborate closely with Interpublic’s leadership team on the company's strategic priorities, including the company’s go-to-market positioning and its integrated work with global clients.

“Alex is an exceptional strategist who sees what’s next and will help both our clients and Interpublic harness change to drive outstanding performance. He’ll be invaluable in driving our company’s strategic initiatives forward as we continue to evolve and grow. An area of long-standing focus for us is the intersection of media, technology and creative, and Alex can accelerate the pace at which we integrate these capabilities so that our teams can most efficiently grow business for brands," said Philippe Krakowsky, CEO of Interpublic. “We’re very pleased to welcome Alex to the organization.”

Most recently, Hesz has worked with NGOs and on related projects in his native United Kingdom. Prior to this, Hesz was at Omnicom, where he served as the company’s Executive Vice President, Chief Strategy Officer. Hesz previously held a range of strategic roles at Adam & Eve/DDB and was elevated to Global Chief Strategy Officer at DDB Worldwide in 2020. Over the course of his career, Hesz has worked on a range of large clients spanning all major industry categories, from automotive to financial services, consumer goods and technology.

"Our industry is changing rapidly to deliver innovative, personalized, and scaled solutions for clients that leverage new technologies and adjusted ways of working. Interpublic’s success in adopting these types of programs has helped it deliver industry-leading work for clients, who turn to the company to navigate and excel in an increasingly complex marketing environment,” said Alex Hesz. “I look forward to joining the Interpublic team to further the company’s strategic vision and integrate industry-leading capabilities to help grow Interpublic and our clients.”

Hesz joins a group of senior functional leaders at the corporate Interpublic level driving connectivity between the company’s portfolio of marketing services, capabilities and centralized strategic resources in areas such as data and identity, marketing technology, commerce, production and generative artificial intelligence, all in the service of making precision and performance core elements of its services to marketers around the world.

The appointment is effective immediately.

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About Interpublic
Interpublic (NYSE: IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world’s best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Huge, Initiative, IPG Health, IPG Mediabrands, Jack Morton, KINESSO, MAGNA, McCann, Mediahub, Momentum, MRM, MullenLowe Global, Octagon, R/GA, UM, Weber Shandwick and more. IPG is an S&P 500 company with total revenue of $10.89 billion in 2023.

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Contact Information
Tom Cunningham
(Press)
(212) 704-1326

Jerry Leshne
(Analysts, Investors)
(212) 704-1439

FAQ

Who is Alex Hesz and what is his new role at Interpublic Group (IPG)?

Alex Hesz has been appointed as the new Chief Strategy Officer at Interpublic Group (NYSE: IPG). He will work closely with IPG's leadership team on strategic priorities, including go-to-market positioning and integrated work with global clients.

What is Alex Hesz's professional background before joining IPG?

Prior to joining IPG, Alex Hesz served as Executive Vice President, Chief Strategy Officer at Omnicom. He also held strategic roles at Adam & Eve/DDB and was Global Chief Strategy Officer at DDB Worldwide. Hesz has worked with major clients across various industries throughout his career.

How does Alex Hesz's appointment align with IPG's strategic goals?

Hesz's appointment aligns with IPG's focus on connecting marketing services, capabilities, and strategic resources in areas like data, marketing technology, and AI. It aims to enhance precision and performance in services provided to global marketers, supporting IPG's evolution and growth strategy.

When does Alex Hesz's appointment as IPG's Chief Strategy Officer take effect?

Alex Hesz's appointment as Interpublic Group's (NYSE: IPG) Chief Strategy Officer is effective immediately, as stated in the press release dated September 18, 2024.