After meeting its financial goals for the year—including more than 5% organic revenue growth--Omnicom CEO John Wren received a 7.5% bump in pay for 2024 with total compensation of nearly $21.7 million, according to the company’s proxy statement filed with the Securities And Exchange Commission.  

That said, 2024 was far more than a strong financial year for the holding company. Wren (MediaPost’s Executive Of The Year) was also busy transforming the company for future growth with the acquisition of digital commerce and retail media platform Flywheel Digital and the pending acquisition of competing holding company Interpublic Group in December. 

“As we head into 2025, we will continue to look for ways to expand and deepen our capabilities to meet our clients’ needs,” Wren wrote in his recent letter to shareholders. 

He said that last year’s growth was driven primarily by media and advertising, precision marketing and PR.  

Media agency growth was a standout as noted by agency research firm  COMvergence, which reported last week that Omnicom Media Group topped its charts as net new business leader for 2024 with big gains from OMD and PHD. 

In February Omnicom projected it will grow another 3.5% to 4.5% in 2025. 

The proxy statement indicated that Omnicom will hold its annual meeting on May 6. It is scheduled to be a virtual only meeting.