📰 Media & Journalism 16h ago · Seb Joseph

‘An important capability for us’: PepsiCo CEO on Publicis switch

Digiday
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‘An important capability for us’: PepsiCo CEO on Publicis switch
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At least one CEO wants to talk about advertising. PepsiCo’s Ramon Laguarta used a recent appearance in front of investors to champion the company’s decision to hand its global media account to Publicis Groupe.



The move came without a formal review and pulled the business away from Omnicom, which had managed it for three decades. That is a lot of money changing hands. PepsiCo spends an estimated $1.9 billion on media a year, $780 million of it in North America, according to COMvergence. The f

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