Amy Armstrong Named Initiative CEO, Mat Baxter Becomes Chairman


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Interpublic Group Of Companies Inc (NYSE: IPGnamed veteran Initiative leader Amy Armstrong as the CEO.

  • Armstrong succeeded Mat Baxter, who will assume the role of Global Chairman at Initiative through 2021. Mat has served as Initiative's CEO since 2016 and will stay within IPG in a new leadership role that the company plans to announce in the upcoming months.
  • Amy overhauled Initiative's recruiting process to one that achieves bias neutrality. Her work is helping the agency build a more fair and equitable representation of BIPOC within the company. Under Amy's leadership, diversity has increased throughout U.S. operations, although much work remains to be done. 
  • Price action: IPS stock was up 2.51% at $26.78 on the last check Monday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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