MediaCom Announces Worldwide Board and Holding Company

Apr 27, 2001, 01:00 ET from Grey Global Group, Inc.

    NEW YORK, April 27 /PRNewswire/ -- Grey Global Group Inc. announced today
 the creation of MediaCom Worldwide, Inc., a worldwide holding company for its
 MediaCom network.  Alec Gerster and Alexander Schmidt-Vogel, currently
 Chairman and Vice Chairman of the MediaCom network, will be CEO and COO
 respectively of this new management unit responsible for MediaCom's extensive
 and growing global interests and acquisitions.
     Alec Gerster and Alexander Schmidt-Vogel also announced its first ever
 worldwide management board.  In addition to Alec Gerster and Alexander
 Schmidt-Vogel (Chair), the board will be made up of the following chief
 executives of key MediaCom operating areas:  Stephen Allan (UK), Jurgen
 Blomenkamp (Germany), Ariadne Callas/Jon Mandel (U.S.), Peter Swain (Canada)
 Harvey Goldhersz (Digital WW) and Brian Akers (Scandinavia/Digital Europe).
     Together this group will ensure an accelerated realization of MediaCom's
 goal to be the most productive and innovative media communications resource
 available.  Currently, MediaCom is the sixth largest global media services
 company with 77 offices in 69 countries.  With over $10 billion in billing,
 MediaCom has a client list that includes P&G, Warner Bros., VW, Mars, Reebok,
 GlaxoSmithKline, and Nokia.
 
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SOURCE Grey Global Group, Inc.
    NEW YORK, April 27 /PRNewswire/ -- Grey Global Group Inc. announced today
 the creation of MediaCom Worldwide, Inc., a worldwide holding company for its
 MediaCom network.  Alec Gerster and Alexander Schmidt-Vogel, currently
 Chairman and Vice Chairman of the MediaCom network, will be CEO and COO
 respectively of this new management unit responsible for MediaCom's extensive
 and growing global interests and acquisitions.
     Alec Gerster and Alexander Schmidt-Vogel also announced its first ever
 worldwide management board.  In addition to Alec Gerster and Alexander
 Schmidt-Vogel (Chair), the board will be made up of the following chief
 executives of key MediaCom operating areas:  Stephen Allan (UK), Jurgen
 Blomenkamp (Germany), Ariadne Callas/Jon Mandel (U.S.), Peter Swain (Canada)
 Harvey Goldhersz (Digital WW) and Brian Akers (Scandinavia/Digital Europe).
     Together this group will ensure an accelerated realization of MediaCom's
 goal to be the most productive and innovative media communications resource
 available.  Currently, MediaCom is the sixth largest global media services
 company with 77 offices in 69 countries.  With over $10 billion in billing,
 MediaCom has a client list that includes P&G, Warner Bros., VW, Mars, Reebok,
 GlaxoSmithKline, and Nokia.
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X13375552
 
 SOURCE  Grey Global Group, Inc.