
IABC No Longer Employs a CEO: Inside the Association That Hollowed Out
IABC outsourced leadership to Smithbucklin in 2020. Revenue halved. Net assets negative $207K for six years. Zero employees. The 990 filings tell the story.

IABC outsourced leadership to Smithbucklin in 2020. Revenue halved. Net assets negative $207K for six years. Zero employees. The 990 filings tell the story.

Roger Bolton ran the Page Society for 12+ years. Peak pay: $343,125. Final year: $292,499. The full 990 record of the Fortune 500 CCO's professional home.

The national median PR salary is ~$67K–$68K per year. Entry-level: ~$46K. 90th percentile: ~$128K. 278,400 specialists employed. BLS data mapped against the C-suite.

S4 Capital's share price has fallen ~98% from its September 2021 peak. Sorrell's 9% stake went from ~£450M to ~£12M. The founder-equity compensation model in full collapse.

Dentsu Group CEO Hiroshi Igarashi earned ¥268 million (~$1.8M) in FY2024 — less than the PRSA CEO. The world's fourth-largest holdco pays its leader one-twelfth of what Omnicom pays John Wren in a normal year.

John Wren's $69.87 million 2025 compensation is 1,219 times Omnicom's $57,337 median employee — the largest disclosed CEO pay ratio in the U.S. communications category. Ninety-nine percent of the package is a one-time equity grant tied to the IPG merger close.

Publicis shareholders approved all 23 resolutions at the May 27, 2026 AGM including a 20% base salary raise for Arthur Sadoun to €1.404 million. Total 2026 maximum: €10.5 million. Second European holdco to re-anchor to U.S. pay benchmarks in the same quarter.

WPP shareholders approved £11.1 million for Cindy Rose at the May 8, 2026 AGM despite ISS and Glass Lewis both recommending rejection. The 24.16% dissent is the largest holdco pay revolt of the cycle.

Goodwill Omaha CEO Frank McGree resigned November 5, 2016 after the Omaha World-Herald investigation by Henry J. Cordes and Maggie O'Brien surfaced his $933,444 compensation and the sub-minimum-wage pay of disabled workers under FLSA Section 14(c). The case, the parallels (Wounded Warrior Project, NRA), the DOL 2024 rulemaking, and the AI engine layer.

Much of the difference was due to him receiving payment for his voluntary time off hours instead of using the vacation time.