Interpublic Group's CEO Michael Roth came out saying "the worst is behind us," when he spoke at the Global Media and Communications Conference sponsored by UBS on December 7. The New York Times reports:
The outlook is "still cautious," Michael I. Roth, who leads Interpublic, the world's third largest advertising agency holding company, said on Monday morning, "but it's certainly a better tone than six months ago or three months ago."
There should be growth in 2010 for Interpublic, the advertising economy and the general economy, Mr. Roth said, although "the second half of '10 will be better than the first."
