|FCB CEO Steven Blamer sparked a lawsuit from WPP when he hired a former Grey colleague.
GREY SUES FORMER NORTH AMERICAN CEO STEVE BLAMER
Wants to Block Hiring of Grey Execs at FCB and More Than $1 Million
FOOTE CONE & BELDING NY NAMES NEW PRESIDENT
Steve Centrillo Was IPG's Chief Growth Officer
INTERPUBLIC HIRES GREY DEVELOPMENT DIRECTOR
Chris Shumaker to Oversee New-Business Pitches at Holding Company Level
GREY'S BLAMER TO START AT FCB IN JUNE
Exec's Noncompete Clause Being Strictly Enforced
GREY'S STEVE BLAMER TO BE NAMED FCB CHIEF
Will Replace Worldwide CEO Brendan Ryan
Terse press release
A five-sentence press release issued late today by both Grey and FCB said that Interpublic and FCB have agreed to honor the terms of Mr. Blamer’s employment contract with Grey. Under terms of the settlement, no money changed hands and all allegations were withdrawn. No other terms were disclosed.
Grey on Sept. 21 sued Mr. Blamer, who left in January to become chairman-CEO of FCB, over Interpublic and FCB’s hiring of former Grey executive Steve Centrillo. Mr. Centrillo at Grey held dual roles as chief operating officer of Grey, Atlanta, and managing partner of DarkGrey, a unit within Grey’s New York office that handled a number of tech and telecommunications clients. Interpublic hired Mr. Centrillo in May as exec VP-chief growth officer; in July, Mr. Centrillo hired another Grey colleague, Chris Shumaker, as senior VP-director of North American network development. Two months later, Mr. Centrillo moved to FCB to run the agency’s New York office.
Wrongful conduct charged
Grey in its suit, filed in New York State Supreme Court, charged Mr. Blamer and Interpublic with wrongful conduct in regard to recruiting Messrs. Centrillo and Shumaker.
Among other things, Grey had requested in the suit monetary damages in an amount to be determined at trial, as well as preventing Mr. Blamer, FCB and Interpublic from recruiting Grey employees and soliciting Grey clients for one year from the date of termination of Mr. Blamer’s employment from Grey.