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Interpublic Group
Interpublic Group is a publicly traded advertising holding company headquartered in New York.
Interpublic Group
Interpublic Group was founded in 1930 as the first publicly owned advertising holding company. It has since grown through hundreds of acquisitions to become one of the 'Big Four' ad agency conglomerates alongside WPP, Omnicom, and Publicis. The firm's headquarters is in New York City, with significant operations in San Mateo, San Francisco, Burbank, and Santa Monica. The firm's core business spans advertising, digital marketing, media planning and buying, public relations, and specialty communications. IPG operates through agency brands including McCann Worldgroup, IPG Mediabrands, FCB, MullenLowe, and Weber Shandwick. Geographically, the company draws revenue from North America, Europe, Asia-Pacific, and Latin America, with approximately 60% of 2023 revenue coming from the United States per its annual filing. IPG employs roughly 50,000 people as of 2024. The firm is publicly traded on the New York Stock Exchange under the ticker IPG. Philippe Krakowsky became CEO in 2021, succeeding Michael Roth. Recent restructuring includes the 2024 consolidation of its digital agency assets into a new unit called Halo, announced in May 2024. IPG operates as a publicly owned entity with no single controlling shareholder, differentiating it from the privately held structures commonly seen in family offices. Its revenue is tied to client advertising budgets, making its financial performance a proxy for global marketing spend.
General information
Firm type
other
Year founded
1930
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Additional offices
San Mateo, CA · San Francisco, CA · Burbank, CA · Santa Monica, CA
Principals
Philippe Krakowsky
Chief Executive Officer
Ellen Tobiassen
Chief Financial Officer
Sector focus
Frequently asked questions
Who runs Interpublic Group?
Philippe Krakowsky has served as CEO since 2021, succeeding long-time CEO Michael Roth. The CFO is Ellen Tobiassen. Day-to-day operations are led by the CEOs of each agency brand within the holding company.
What major agencies does Interpublic Group own?
Key agency networks include McCann Worldgroup, FCB, MullenLowe, and Weber Shandwick. Media planning and buying is handled through IPG Mediabrands, which includes UM and Initiative.
Is Interpublic Group a family office or a public company?
It is a publicly traded corporation on the NYSE (ticker: IPG), not a family office. No single family controls a majority of shares, differentiating it from the typical single-family-office structure.
How many employees does Interpublic Group have?
As of 2024, IPG employed roughly 50,000 people across 100+ countries. The exact number fluctuates with agency acquisitions and organizational restructurings.
What sectors does Interpublic Group serve?
The firm serves clients across virtually all commercial sectors, with particular strength in consumer goods, automotive, healthcare, financial services, and technology. Its diversified client base spans both global and regional advertisers.
How does Interpublic Group generate revenue?
Revenue comes primarily from fees for advertising and marketing services. A smaller portion comes from media-buying commissions. In 2023, the firm reported approximately $10.9 billion in revenue (per IPG's annual filing).
What is the relationship between Interpublic Group and its agencies?
IPG operates as a holding company, with each major agency brand (e.g., McCann, FCB) operating semi-autonomously with its own leadership, clients, and culture. The corporate parent provides back-office support, sets overall strategy, and allocates capital for acquisitions.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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