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Tuesday, November 19, 2024
CEOWORLD magazine - Latest - Banking and Finance - Alex Lubar is Promoted to Global CEO of DDB Worldwide

Banking and Finance

Alex Lubar is Promoted to Global CEO of DDB Worldwide

DDB Worldwide_Omnicom

Omnicom (NYSE: OMC) Chairman and CEO John Wren has announced significant leadership changes within the organization. Alex Lubar has been appointed as the new Global CEO of DDB Worldwide, succeeding the current Global CEO, Marty O’Halloran, who will continue to serve as Chairman. Additionally, Glen Lomas, the current CEO of DDB EMEA based in London, will take on the role of Global President and Chief Operating Officer in partnership with Alex.

“We are pleased to announce these changes as DDB has reclaimed its title of being one of the top creative agencies in the world, including the 2023 Cannes Network of the Year. Marty’s dedication to DDB has made him an integral part of the network’s culture and operations, and we thank him for his strong leadership during the past four years as CEO. With extensive global leadership credentials within the industry, we are confident that Alex, supported by Glen, will continue to elevate the network and build upon its legacy of creative excellence.” stated John Wren, Chairman and CEO of Omnicom.

Alex Lubar assumed the position of President and Chief Operating Officer of DDB Worldwide in October 2022, following a decade at McCann, where he held various regional leadership roles, including President of McCann North America, head of McCann’s Asia Pacific region, and CEO of McCann London.

Commenting on his new role, Lubar expressed, “Since its inception, DDB has unlocked the power of human emotion to make millions of different people change how they behave, feel, and transact with brands and businesses around the world. We believe that creativity, in all its modern forms, has the power to profoundly transform our clients’ businesses. I am honored to have the opportunity to lead Bill Bernbach’s legacy into the future with such a talented global staff and leadership team who all share the same vision.”

Glen Lomas brings unparalleled international client experience to DDB, having served as CEO of Europe, the Middle East, and Africa, DDB’s largest region. He has been part of the network since 1995, based in London, and has been responsible for the EMEA region. Lomas has successfully built client teams across various geographies, fostering an environment where creativity and effectiveness flourish throughout the network.

Lomas commented on his appointment, saying, “It has always been a privilege to work at DDB, and it is a great honor to take on this role. DDB has always been where brilliant, unpretentious people turn up each day to apply their creativity to solving problems. The problems and solutions change, but that culture doesn’t. I love what this network is capable of when it comes together, as demonstrated this year at Cannes, and Alex and I are here to ensure that spirit continues and the network keeps evolving to attract the most ambitious talent and clients.”

Marty O’Halloran, who has been a leader within the DDB network for nearly four decades and took over as Global CEO in 2020, leaves a remarkable legacy. Under his leadership, DDB achieved significant accolades, including winning the 2023 Network of the Year at Cannes, Network of the Year at D&AD for three consecutive years (2023, 2022, 2021), and Network of the Year at Effie US and Latina.

Reflecting on his time as CEO, O’Halloran shared, “It has been my honor to lead DDB over the past four years. The talent across our regions is incredible, and together, we’ve been able to produce work that has achieved transformative results for our clients and has been awarded as some of the best creativity in the world. As part of this orchestrated succession plan, there is no doubt in my mind Alex will continue to lead the DDB network to new heights. I look forward to working in a Chairman’s capacity with Alex and Glen as they partner in leading the way forward with their global leadership team.”

DDB Worldwide is one of the largest advertising and marketing networks. Established in 1949, DDB is part of the Omnicom Group (NYSE: OMC) and employs approximately 10,000 professionals across over 140 offices in more than 60 countries, with its headquarters in New York, NY.

 

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CEOWORLD magazine - Latest - Banking and Finance - Alex Lubar is Promoted to Global CEO of DDB Worldwide
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