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Daryl Simm is the President and Chief Operating Officer of Omnicom Group, having taken on the role in late 2021 after a long career at Omnicom Media Group. He holds a Bachelor's degree in Business Administration from UC Berkeley and...

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Daryl Simm

CEO of Omnicom Group

Education

Bachelor's degree in Business Administration from the University of California, Berkeley

Field of Expertise

Media & Entertainment - Media

Sector of Economy

Communication Services

Born

January 1, 1961 - 64 years ago

CEO of Omnicom Group for

3 years 5 months (Nov 2021 - Present)

Previous Experience

Chief Executive Officer of Omnicom Media Group for over two decades

Holdings

See how much did Daryl Simm make over time.

Daryl Simm's holdings in Omnicom have seen interesting fluctuations recently. As of late 2023, his wealth in stocks has been notable, reaching a value over $10 million at its peak in January 2023, with values coming down slightly since then....

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Insider Trading

See recent insider trades of Daryl Simm.

OMC

11,367 shares

OMC

Mar 28, 2024

Received

Compensation History

See how much did Daryl Simm make over time.

In 2023, Daryl Simm earned a total compensation of about $11 million, which includes his salary and a significant performance bonus. His base salary was set at $1 million, but the real kicker came from a $5 million bonus he earned for hitting critical company performance targets, like revenue growth and profit margins. Notably, he didn’t receive any stock awards this year, reflecting Omnicom's strategy to focus on immediate performance over long-term stock grants. Instead, his total package also included $20,845 in other forms of compensation, which mainly covered perks like an auto allowance. This structure is designed to promote high performance and align his interests with those of the shareholders, ensuring that as he drives the company forward, he's also rewarded appropriately for his contributions.

Year

2023

Total Compensation

$6.02M

Salary

$1.00M

Board Justification

Omnicom's compensation philosophy focuses on attracting, motivating, and retaining talented executives through competitive total rewards packages that align with both short- and long-term shareholder interests, emphasizing performance-based compensation.

Bonus

$5.00M

Board Justification

The Annual Incentive Award earned by Daryl Simm for 2023 was based on performance metrics including adjusted diluted EPS growth, adjusted EBITA margin, and organic growth, with a total earned amount of $5,000,000 after adjustments.

Other

$20.85K

Board Justification

Other compensation for Daryl Simm includes an auto allowance and long-term service award, totaling $20,845.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the focus was on performance-based compensation and long-term incentives.

Performance Metrics

The performance metrics for Daryl Simm's compensation in 2023 included adjusted diluted EPS growth, adjusted EBITA margin, organic growth, and qualitative metrics related to diversity, equity, and inclusion.

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