Advertising Roundup: TBWA Taps Streiff; GroupM Wins Venetian; OMC Sets Dividend; Eastman Joins JWT

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BNET Advertising provides daily industry trends and news coverage with insights for managers and executives about the major agencies in advertising, marketing, and public relations. In addition to detailed company and agency profiles, we bring you detailed industry analysis on new partnerships and acquisitions, ad buying and cost, new investments, inventory issues, and other issues critical to the marketing sector.

TBWA promotes Streiff – TBWA Worldwide has promoted Denis Streiff, the former international chief financial officer for TBWA, to be its worldwide chief financial officer. Streiff’s previous role covered Europe, Asia, Africa and the Middle East. [Source: Brand Republic]

Sands’ Venetian rewards GroupM — Venetian Macau, owned by Las Vegas Sands, has moved its media planning and buying business from Omnicom’s OMD to WPP’s GroupM. Venetian Macau’s director of marketing communications, destination marketing, Eric Chan, is understood to have informed OMD in an email that MediaCom would immediately handle bookings based on the existing plan, which runs into next month and is worth HK$11 million (US$1.4 million). [Source: Brand Republic]

Omnicom announces dividend — The Board of Directors of Omnicom Group declared a quarterly dividend of 15 cents per outstanding share of its common stock. The dividend is payable on January 5, 2009, to Omnicom Group common shareholders of record at the close of business on December 17. [Source: TradingMarkets.com]

Eastman takes digital role at JWT — David Eastman, the former chief executive of the Republic Family, has joined JWT as the worldwide digital director. Eastman will be responsible for the strategic oversight and management of digital within JWT, RMG Connect and the network’s subsidiary companies. [Source: Brand Republic]

Tags: Advertisement, Brand, Dividend, TBWA, Denis Streiff, Venetian Macau, Financial Planning, Financial Accounting, Branding, Finance, Marketing, Jim Edwards

Jim Edwards, a former managing editor of Adweek, has covered drug marketing at Brandweek for four years, and is a former Knight-Bagehot fellow at Columbia University's business and journalism schools. Follow him on Twitter or send him an email.