DraftFCB CFO Bob Oates Shown the Door

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While most of us are celebrating the fact it’s Friday, DraftFCB CFO Bob Oates may not be so happy. We’re told he’s been fired by Howard Draft today and rumors indicate it’s because he didn’t think very highly of top management’s spending habits. It’s another chapter in the agency’s bloodbath following the loss of the Verizon account which resulted in anywhere between 50 and 150 layoffs depending upon who you talk to. Not to mention the ongoing post-merger after effects.

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Steve Hall

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