January 4, 1995 |
Maurice Saatchi, who with his brother built one of the largest advertising agencies in the world, on Tuesday walked out of his company vehemently protesting the new management. Saatchi was deposed as chairman of the British advertising empire last month. He was offered an executive position with a subsidiary and was given until Tuesday to accept it. He turned it down. Saatchi & Saatchi, established in 1970, was the hottest ad agency of the booming 1980s, serving an international clientele.
June 22, 1990 |
Oh, what a feeling to advertise Toyota. Just ask executives at the Torrance agency Saatchi & Saatchi DFS/Pacific, which on Thursday won another $20-million chunk of Toyota business. Its newest client is Southeast Toyota Distributors Inc., of Deerfield Beach, Fla. The group is responsible for Toyota vehicles distributed in five Southern states. Saatchi's Los Angeles office will open branch offices in Ft. Lauderdale and Atlanta to service the new client.
May 5, 1990 |
Two key directors of the troubled advertising and consulting giant Saatchi & Saatchi Co. PLC resigned Friday, the company said. Roy Warman and Terry Bannister served as joint chief operating officers of Saatchi's communications division with responsibility for worldwide advertising operations. Saatchi's deputy chairman Jeremy Sinclair was named to replace the men.
January 11, 1990 |
Just six months after unveiling a slew of top management changes, Saatchi & Saatchi DFS/Pacific, the Torrance ad agency that creates ads for Toyota, has announced a new round of appointments. Among them, a new chairman of its West Coast operations was named. In an unusual move, Ed Wax, 53, who is already president and chief executive of New York-based Saatchi & Saatchi Advertising (North America), has also assumed the position as chairman of Saatchi & Saatchi DFS/Pacific.
October 11, 1989 |
A Memphis, Tenn.-based investment management concern increased its stake in British advertising conglomerate Saatchi & Saatchi Co. to 10.24%, it was disclosed Tuesday. In a filing with the Securities and Exchange Commission, Southeastern Asset Management Inc. said it paid $79.7 million over the last two months to buy 3.4 million ordinary shares of Saatchi & Saatchi, the world's largest advertising holding company. That increased Southeastern's holdings to 5.