Omnicom extends CEO John Wren's term to Dec 2028; base salary cut to $1, receives 4M stock options

OMNICOM GROUP INC.

CEO John Wren's employment term extended through Dec 31, 2028, then steps down as CEO to become Executive Chairman.
Annual base salary reduced from $1M to $1.00 effective June 1, 2025; no additional incentive compensation during term.
Granted a non-qualified option to purchase 4,000,000 shares of OMC common stock at closing price on grant date.
Wren to focus on completing IPG acquisition, integration, and succession planning with Lead Independent Director.
Employment may only be terminated for cause, death, or Wren's resignation under the agreement.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

John D. Wren

Executive Chairman

OMC · OMNICOM GROUP INC.

Effective: 2028-12-31
Filed: May 14, 2025, 7:59 PM ET

At the end of the Renewal Term, Mr. Wren will step down as CEO but will remain employed as Executive Chairman of the Board while he remains on the Board.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John D. Wren changed role as Executive Chairman at OMNICOM GROUP INC..

Action: will step down as CEO and become Executive Chairman
Role: Executive Chairman

Exact text from the filing

At the end of the Renewal Term, Mr. Wren will step down as CEO but will remain employed as Executive Chairman of the Board while he remains on the Board.

View on SEC.gov

OMNICOM GROUP INC. filing history →

Source: SEC EDGAR

accession 0001213900-25-043442

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.