Philippe Krakowsky is the CEO of The Interpublic Group of Companies (IPG) since January 2021. He holds a bachelor's degree from Harvard University, showcasing his strong academic background. Before stepping into his current role, he served as the Chief Operating...

Number of Employees

56.8K

Year

2023

Total Compensation

$3.36M

Salary

$1.50M

Board Justification

The compensation philosophy aims to provide a performance-based, market-competitive total compensation program that supports talent needs and business objectives, aligns with stockholder interests, and ties a significant portion of pay to operational performance.

Bonus

$1.68M

Board Justification

The bonus is based on a combination of corporate financial performance and individual performance against established High Priority Objectives, with a corporate performance rating of 50% and a High Priority Objectives rating of 80%.

Other

$184.01K

Board Justification

Other compensation includes contributions to the Capital Accumulation Plan, matching contributions under the Interpublic Savings Plan, premiums paid on group life insurance, and perquisites.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023 as the performance shares and restricted stock units are subject to future performance periods and vesting schedules.

Performance Metrics

The performance metrics for 2023 included Organic Revenue Growth and Operating Income Before Incentives and Amortization of Acquired Intangibles Margin.

SEC Filing

From April 12, 2024

Philippe Krakowsky

CEO of The Interpublic Group of Companies

T

Education

Bachelor's degree from Harvard University

Field of Expertise

Business & Management

Born

January 1, 1971 - 54 years ago

Is Founder?

No

Current Tenure

4 years 0 months (Jan 2021 - Present)

Previous Experience

Executive Vice President and Chief Operating Officer at IPG