The ad firm was founded in Toronto in 1986 by Miles Nadal, who treated it like his own piggy bank, even after it went public a short time later. Now, the company wants to reincorporate in Delaware.
Kraft Heinz confirmed the news late Friday, but noted that both of its new media assignments are subject to approval, as they have not yet been finalized.
The company didn't provide specific breakouts for GroupM but reported that the agencies division combined organic net revenue was down 9.5% in the first half and down 15.7% in the second quarter. GroupM was described as an underperformer.
Translation, founded in 2004 by former music-industry executive Steve Stoute, will work with Disney Advertising Sales' branded-content studio and in-house creative agency CreativeWorks on the effort.
Now In its fourth year, The 2020 Diversity Best Practices Inclusion Index scores companies for best practices in recruitment, retention and advancement of people from underrepresented groups, creating an inclusive culture and workforce demographic data.
The content platform is positioned as a resource industry executives can rely on for "cut-to-the-chase" content on the "how" of digital transformation.
Venables Bell + Partners (VB+P) is teaming with industry veterans Trace Cohen and Joe Kleinschmidt to launch BRAIVE, a shop to help companies create synergy between their brand and AI strategy and execution.
It's the second big diversity hire this week. Earlier, BBDO Worldwide said it had hired Jason Rosario as its first Chief Diversity, Equity, and Inclusion Officer.
Agency founder Lionel Sosa and Cesar Martinez-Gomariz are teaming with the Lincoln Project to create a series of political ads to persuade Hispanic voters that Joe Biden is the right choice in November.
Kirk McDonald succeeds Tim Castree who left last November. The region has been overseen on an interim basis by GroupM Global CEO Christian Juhl, to whom McDonald will report.