French Connection: Why the French ARE different.
No-One Receiving: Battle fatigue on the presidential campaign trail
Out of Sight: The poor are always with us, we just forget they are there
Center Point: Foreign Minister Hubert Védrine's global view
Sixth Time Lucky: Is the Presidential love affair over?
End of the Line: Why top politicians are joing the attack on their alma mater
Think Locally: Socialist Mayor Manuel Valls
Gene Pool: Dominique Stoppa-Lyonnet
France's Top Salesman: Publicis CEO Maurice Lévy
The Good Life: The challenge facing big government
Stress Buster: Voters want their rulers to interfere in daily life
Global Knowledge: Business understands the rules
The Grass is Greener: French farmers are not necessarily home grown
Certain Style: The new hope for French fashion
Cross Culture: There seem to be no barriers for filmmakers, athletes, authors and actors
Identity Crisis: Satirist Bruno Gaccio on his boss, Jean-Marie Messier




France's Leading Salesman
Maurice Lévy, 60 Advertising executive
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Posted Sunday, April 14, 2002; 15.05GMT
The last thing Publicis chairman and CEO Maurice Lévy seemed destined for was advertising stardom. A stern, secretive man in the flamboyant, self-promoting world of advertising, Lévy has quietly transformed Publicis from a family-controlled French agency into a world-wide network, which is now nicely weathering a severe advertising downturn.

In March — as some analysts estimated that last year's ad spending had slumped by as much 9.4% globally — Publicis posted an 18% rise in profits to 1151 million for 2001, fueled in part by 12.43 billion in new business. Despite such success, Lévy maintains a low profile — centering attention instead on the agency's work for clients like Renault, l'Oréal and Coca-Cola. Lévy is as unusual in France's clubby management circles as he is in the advertising milieu. Born in French Morocco, he was trained as a computer scientist and hired by Publicis as an IT specialist. Promoted to management, he directed Publicis' European expansion until his appointment as chairman in 1988. Lévy's development plans were subdued for most of the 1990s by Publicis' acrimonious and ultimately doomed partnership with U.S. group True North. Since exiting that arrangement in 1997, Lévy has cautiously acquired new agencies, including Saatchi & Saatchi Worldwide and Fallon Worldwide.

That process clearly isn't over: last month — just hours after revealing his vibrant 2001 results — Lévy announced that Publicis would buy U.S. agency Bcom3, thus becoming the world's fourth largest ad group. "Our goals in reacting to the recession were not only to remain profitable, but also to exploit opportunities arising from it," Lévy explains. "The result is Publicis will be even stronger once it's over."





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QUICK LINKS: French Connection | No-one Receiving | Out of Sight | Center Point | Sixth Time Lucky | End of the Line | Think Locally | Gene Pool | The Good Life | Stress Buster | Global Knowledge | The Grass is Greener | Certain Style | Identity Crisis | Back to TIMEeurope.com Home
FROM THE APRIL 22, 2002 ISSUE OF TIME MAGAZINE; POSTED SUNDAY, APRIL 14, 2003

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