Ogilvy appoints Ann Garreaud as its new Global Chief Financial Officer
Ogilvy Appoints Ann Garreaud as Global Chief Financial Officer
Ogilvy, a leading advertising and marketing agency, has announced the appointment of Ann Garreaud as its new Global Chief Financial Officer (CFO). In her new role, Garreaud will oversee all financial and commercial operations across Ogilvy's global network and serve as a member of WPP's finance leadership team, Ogilvy's parent company [1][3][4][5].
Garreaud brings 25 years of extensive experience from Publicis Groupe, where she held senior finance leadership roles, including Executive Vice President of Global Client Finance & Business Solutions, and global CFO positions in Publicis Health and Publicis Worldwide [1][3][4][5]. Her appointment signals a strategic intent by Ogilvy and WPP to reinforce their commercial and financial strength across their global networks by leveraging Garreaud's expertise in transforming agency business models and financial leadership [1][3][5].
Garreaud's responsibilities at Ogilvy include steering the financial strategy of the agency’s worldwide business and strengthening its commercial operations with a client-focused approach [1][3][5]. She has been recognized for transforming financial and commercial operations and driving growth by putting clients at the center of the agency’s business model [1][3][5].
The new structure does not constitute a merger; it's a change in financial reporting. Grey, a stand-alone agency under the new structure, remains separate. However, Grey's reporting structure was moved to Ogilvy by WPP in May [6]. Garreaud's purview at Ogilvy includes creative agency Grey, which she will aim to enhance through strategic innovation and enhanced commercial discipline [1][3][4][5].
Garreaud's appointment at Ogilvy comes after she expressed admiration for the agency's iconic brand and exceptional ability to use creativity as a business driver. She is relentlessly focused on delivering client value and driving sustained growth [7]. Based in New York, Garreaud has expressed excitement and honor to join Ogilvy and work with its talented team [7].
In summary, Ann Garreaud's role as the new Global CFO of Ogilvy is to oversee all financial and commercial operations across Ogilvy’s global network and to serve as a member of WPP’s finance leadership team. Her responsibilities include financial strategy, commercial operations, driving client-focused growth, and transforming business models. With 25 years of experience at Publicis Groupe, Garreaud's track record of driving multi-capability growth and transforming business models suggests she will bring strategic innovation and enhanced commercial discipline to the global financial operations of both Ogilvy and the larger WPP network, which includes Grey [1][3][4][5].
| Aspect | Details | |--------------------------------|-------------------------------------------------------------------------------------------------------------------| | Role | Global CFO of Ogilvy; oversees all financial and commercial operations globally; member of WPP finance leadership | | Responsibilities | Financial strategy, commercial operations, driving client-focused growth, transforming business models | | Experience | 25 years at Publicis Groupe; Executive Vice President; Global Client Finance & Business Solutions; CFO roles at Publicis Health/Worldwide; U.S. CFO for Y&R-Dentsu joint ventures | | Impact on Grey and Ogilvy | Enhances financial operations across WPP networks, including Grey; drives strategic growth and client value focus |
References: [1]: [Link to Source 1] [3]: [Link to Source 3] [4]: [Link to Source 4] [5]: [Link to Source 5] [6]: [Link to Source 6] [7]: [Link to Source 7]
- Ann Garreaud's appointment as Global CFO of Ogilvy signifies a move to reinforce the agency's growth through strategic financial leadership.
- With her extensive experience in finance and leadership roles across various business sectors, Garreaud will focus on driving growth and client value for Ogilvy's business operations.
- In her role, Garreaud will not only oversee Ogilvy's financial operations but will also aim to bring strategic innovation and improved commercial discipline to partner businesses within the larger WPP network, including Grey.
