| Business Summary | | Grey
Global
Group,
Inc.
is
engaged
in
the
planning,
creation,
supervision
and
placing
of
advertising.
The
Company's
principal
business
activity
consists
of
providing
a
full
range
of
advertising
and
marketing
communications
services
to
clients
on
an
international
or
local
basis.
Typically,
this
involves
developing
an
advertising
and/or
marketing
plan
after
study
of
a
client's
business,
the
distribution
or
utilization
of
the
client's
products
or
services
and
the
use
of
various
media,
such
as
television,
radio,
newspapers,
magazines,
direct
mail,
outdoor
billboards
and
the
Internet,
by
which
desired
market
performance
can
best
be
achieved.
The
Company's
business
also
involves
it
in
allied
areas
such
as
marketing
consultation,
audio-visual
production,
co-marketing
programs,
database
management,
direct
marketing,
interactive
consulting
and
production,
marketing
research,
media
research
and
buying,
product
publicity,
public
affairs,
public
relations
and
sales
promotion. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GREY
is
an
international
advertising
agency
which
provides
a
full
range
of
advertising
services
to
its
clients.
For
the
six
months
ended
6/30/01,
commissions
and
fees
increased
4%
to
$619.1
million.
Net
income
applicable
to
Common
fell
75%
to
$2.7
million.
Revenues
reflect
the
expanded
activities
from
existing
clients
and
continued
growth
of
the
Company's
media
and
marketing
communications
operations.
Earnings
were
offset
by
increased
salary
and
employee
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Edward Meyer, 74 Chairman,
Pres & CEO | $4.7M | Steven Felsher, 51 Vice
Chairman, CFO -- Worldwide, Sec. & Treasurer | 2.0M | O. John Shannon, 64 Pres,
International Operations | 754K | John Gerster, 53 Exec.
VP | -- | Lester Feintuck, 47 Sr.
VP, Controller and CFO - US | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|