OMD Melbourne awards managing partner titles in executive restructure
OMD Melbourne has restructured its leadership team which sees senior executives awarded managing partner titles.
Antonia Glezakos, who was promoted to OMD Melbourne’s general manager in April last year, will now become a managing partner alongside Alex Smith, who was previously the head of Coles and Target at OMD Melbourne.
OMD Melbourne’s leadership team: Sharon Cookson, Henry Feagins, Dianne Richardson, Alex Smith, Anj Khallouf, Andrew Brannaghan and Antonia Glezakos
So they are partners in the agency? They have equity in the business. Brilliant idea well done OMD. Or is this a piss take gesture?
It’s just the management team with different names. Managing partner is incorrectly overused in this industry.
If they have been awarded equity along with ‘awarding’ their titles, then it’s a great incentive to hold senior talent.
Credit due to the diversity in that team too.
I doubt it’s equity.
New bigger titles saves business about 50k per title. Ironically managing partner titles work in the opposite way of equity. You get paid less having a bigger title.
Congrats to those involved. Please OMD tell me I’m wrong and they got equity or at least a pay rise.