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4-Traders Homepage  >  Equities  >  Nyse  >  Omnicom Group Inc.    OMC

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Omnicom : Kirsten A. Kantak Appointed CEO of Biolumina

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11/03/2017 | 02:44pm CET

NEW YORK, November 3, 2017 - Omnicom Health Group, part of Omnicom (NYSE: OMC), announced today that Kirsten A. Kantak has been appointed CEO of Biolumina, reporting to Ed Wise, CEO of Omnicom Health Group. She succeeds Ty Curran, who has been promoted to chairman.

Most recently, Kantak served as president of Biolumina. She was promoted to president in 2015. Prior to Biolumina, Kantak was at Harrison and Star for 13 years, most recently as senior vice president, global managing director.

'Kirsten helped take Biolumina into the future, cementing it as a fierce competitor in the healthcare space,' said Curran. 'She accomplished this through tremendous new business growth as well as a significant focus on culture. I have no doubt the agency will continue to thrive under Kirsten's strong leadership.'

'Kirsten's talent-first approach and passion for delivering superior work for clients will take Biolumina to the next stage in its evolution,' said Wise. 'I look forward to continuing to watch the agency's upward trajectory.'

In his role as chairman, Curran will serve in a consultative role to Kantak, and will take on special healthcare projects across Omnicom Health Group. He will report to Dale Adams, chairman and CEO, the DAS Group of Companies. Prior to this role, Curran served as CEO of Biolumina, as well as sister agency Harrison and Star.

'Ty's leadership took Biolumina on a strong growth path, and he will continue to provide valuable strategic counsel and guidance in his role as chairman,' said Adams.

The changes are effective January 1, 2018.

Omnicom Group Inc. published this content on 03 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 November 2017 13:43:07 UTC.

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Financials ($)
Sales 2017 15 318 M
EBIT 2017 2 062 M
Net income 2017 1 190 M
Debt 2017 2 144 M
Yield 2017 3,23%
P/E ratio 2017 13,66
P/E ratio 2018 12,71
EV / Sales 2017 1,19x
EV / Sales 2018 1,14x
Capitalization 16 031 M
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Omnicom Group Inc. Technical Analysis Chart | OMC | US6819191064 | 4-Traders
Technical analysis trends OMNICOM GROUP INC.
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 16
Average target price 81,9 $
Spread / Average Target 18%
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Managers
NameTitle
John D. Wren President, Chief Executive Officer & Director
Bruce Crawford Chairman
Philip J. Angelastro Chief Financial Officer & Executive Vice President
John R. Purcell Independent Director
Leonard S. Coleman Lead Independent Director
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