Publicis Groupe is merging Leo Burnett and Publicis Worldwide to create Leo, a creative unit that will boast over 15,000 employees in 90 countries.
The combination will see “Burnett,” one of the most iconic last names in advertising, disappear. The agency has carried the name since Leo Noble Burnett opened Leo Burnett Co. in Chicago in 1935.
Leo Burnett’s regional offices will now simply go by Leo. Leo Burnett Chicago, for example, will now be known as Leo Chicago. The same goes for Publicis Worldwide offices, except Publicis Conseil, which will retain its name, according to a spokesperson. Publicis New York will now be known as Leo New York. Leo’s logo includes both the “Leo” name and Publicis lion, a staple of the agency group’s branding.
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Leo will be spearheaded by Co-Presidents Marco Venturelli and Agathe Bousquet, the duo that helped steer Paris-based Publicis Conseil to an Agency of the Year win at last year’s Cannes Lions International Festival of Creativity. Venturelli is also chief creative officer of Leo. Gareth Goodall will serve as Leo’s chief strategy officer while retaining his role as chief strategy officer of Publicis Creative. Andrew Bruce, CEO of Publicis Groupe Canada, will take on the additional role of Leo North America chairman.
The merger of the Publicis Groupe agencies will not result in layoffs, according to a Publicis Groupe spokesperson.