Home Agencies Wunderman Thompson CEO Mel Edwards On Leading A 20,000-Person Merger

Wunderman Thompson CEO Mel Edwards On Leading A 20,000-Person Merger

SHARE:

Mel Edwards, the newly minted global CEO of Wunderman Thompson, has a huge job ahead of her.

When the agency officially launches this year, it will have 20,000 employees in 90 markets across 200 global offices, and eventually, Edwards wants everyone in each market working together.

“We need a little more time because of the size of our business,” she said. “Things like getting everyone on the same email is not as simple as maybe I’d hoped.”

The goal behind the Wunderman and J. Walter Thompson merger, which brought together a digital and CRM agency with one of the world’s oldest creative agencies in November 2018, is to provide more integrated and streamlined services for clients. JWT will soak up data and technology skills from Wunderman, while Wunderman gains expertise in brand advertising.

But it’s not just about bringing together the best of both worlds from both agencies.

“This is about creating a new company for now,” Edwards said. “What are other successful businesses doing that we can mirror and understand? I’m really keen we do things differently.”

She spoke with AdExchanger.

AdExchanger: What do you envision doing differently at Wunderman Thompson?

MEL EDWARDS: We can combine commerce with brand storytelling. That’s building big dot coms, like Net-a-Porter, and also working with clients on commerce strategies on- and off-platform.

We have a huge amount of data here. We can see the opportunity to become more agile with data, hold more and use it better. But the thing that’s going to make us stand out is how we fuse that with creativity. Bringing JWT into the mix, it just becomes a powerhouse.

Subscribe

AdExchanger Daily

Get our editors’ roundup delivered to your inbox every weekday.

What’s the biggest cultural challenge in bringing together a creative and digital agency?  

There are going to be some sensitive and difficult conversations along the way. At a market level, we need to look at where the center of gravity is and what our needs are to work out how brands and people come together.

I’m really conscious that we communicate. When people don’t know what’s going on, they think something is happening. There’s a lot of nervousness that we’re doing this as a cost-cutting exercise. It’s not. It’s very much about how we broaden and bring together our capabilities, because our clients want simplicity. They want to work with one team rather than loads of different companies.

How easy will it be for clients to navigate a 20,000-person agency?

Some of our clients like scale. It gives them peace of mind that we’re a global network that can work with them across markets. Other clients want a flexible, small team that can work on-site. You have to flex dependent on what their business challenges are.

Will JWT be more focused on digital or traditional creative under Wunderman?

Every time I’ve met an advertising agency over the last few years, the only work I ever see is digital. I’ve pitched in the past with other advertising agencies and it’s very much digital work.

How will that resonate culturally? 

At JWT, there’s still a lot of TV. That will continue. The Wunderman team are super excited about that because it’s something they’ve never done.

What’s been one of the most surprisingly difficult things to navigate about the merger?

Sorting out lease holds of every single agency. The length of the lease, the cost implications of moving out, getting us all into one building are not quick to fix.

In New York, Wunderman is moving into the JWT offices as our global headquarters because our lease was up in Columbus Circle. But in other markets, the lease holds are through another five years on either side. What’s the financial impact? That comes with complexity.

What’s it been like taking over Mark Read’s role? 

In a way, it would be easier for me if he did a shit job. But that’s a harder job to turn around an organization that’s struggling.

I got to a place in my career where I know what I’m good at. Mark is very different from me, but we align. He comes about it in a different way. I’ve learned a lot from Mark. But when I took the role, I was very conscious that I’m not Mark, and I need to bring the strength of what I do in the business. And one of the key things for me is making our business come alive with creative.

This interview has been edited and condensed.

Must Read

Comic: TFW Disney+ Goes AVOD

Disney Expands Its Audience Graph And Clean Room Tech Beyond The US

Disney expands its audience graph and clean room tech to Latin America, marking the first time it will be available outside the US. The announcement precedes this week’s launch of Disney+ with ads in Latin America.

Advertible Makes Its Case To SSPs For Running Native Channel Extensions

Companies like TripleLift that created the programmatic native category are now in their awkward tween years. Cue Advertible, a “native-as-a-service” programmatic vendor, as put by co-founder and CEO Tom Anderson.

Mozilla acquires Anonym

Mozilla Acquires Anonym, A Privacy Tech Startup Founded By Two Top Former Meta Execs

Two years after leaving Meta to launch their own privacy-focused ad measurement startup in 2022, Graham Mudd and Brad Smallwood have sold their company to Mozilla.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Nope, We Haven’t Hit Peak Retail Media Yet

The move from in-store to digital shopper marketing continues, as United Airlines, Costco, PayPal, Chase and Expedia make new retail media plays. Plus: what the DSP Madhive saw in advertising sales software company Frequence.

Comic: Ad-ception

The New York Times And Instacart Integrate For Shoppable Recipes

The New York Times and Instacart are partnering for shoppable recipe videos.

Experian Enters The Third-Party Data Onboarding Business

Experian entered the third-party data onboarder market on Tuesday with a new product based on its Tapad acquisition.