FCB’s Steve Blamer Scores $7 Million Golden Parachute

SteveBlamer.jpg

And while we thought we had spies in all places, George Parker, once again, digs a little deeper into his network spies and finds Steve Blamer, who headed FCB for less than a year before it recently merged with Draft, scored a $7 million golden parachute. The deal was made between Blamer and IPG CEO Michael Roth earlier this week. Unsurprisingly, these exit deals occur all the time but it’s always a bit annoying to see this level of payout when the money could, oh, fund a third world country for an entire year. Of course, our bitching about it just makes us look envious and morally bankrupt because, if we were in Blamer’s shoes, we’d probably the $7 million with a giant smile on our face, hire someone else to run Adrants and go travel the world. So, lest we incur the wrath those who like to dish it out, we’ll just shut up about the whole thing right now.

Picture of Steve Hall

Steve Hall

RECENT ARTICLES

TRENDING AROUND THE WEB

9 simple practices of people who quietly get more done than everyone else

9 simple practices of people who quietly get more done than everyone else

Hack Spirit

People who prefer a quiet night in to a big night out usually share these 8 qualities

People who prefer a quiet night in to a big night out usually share these 8 qualities

Hack Spirit

7 signs you have an old soul that others quietly admire

7 signs you have an old soul that others quietly admire

Hack Spirit

What editing other people’s writing teaches you about your own

What editing other people’s writing teaches you about your own

Global English Editing

9 small habits that quietly push grown children away

9 small habits that quietly push grown children away

Hack Spirit

7 things you stop caring about once you’ve truly settled into who you are

7 things you stop caring about once you’ve truly settled into who you are

Hack Spirit