Havas

The group is structured into three main operational divisions, offering a wide range of services including digital advertising, direct marketing, media planning and buying, corporate communications, sales promotion, design, human resources, sports marketing, multimedia interactive communications, public relations, and innovation consulting.

In 1996, Eurocom changed its name to Havas Advertising and created four operating divisions, Euro RSCG, Campus, Diversified Agencies, and Médiapolis.

American Bob Schmetterer is named chairman and CEO of the largest division Euro RSCG, whose headquarters are moved to New York in 1997.

In order to become a bigger and more global player, it acquired MPG and Snyder, as well as around one hundred specialized agencies in America, Europe and the Asia Pacific region.

As part of the SNC deal, Havas Advertising listed American Depositary Shares (ADSs) on the NASDAQ National Market System.

The sale provided Snyder with funds he used to acquire the Washington Redskins team and their stadium for $800 million in May 1999, in what was at the time a record price for a US sports franchise.

By 2005, Bolloré had amassed a 22% stake, obtained 4 seats on the Havas board at the shareholders meeting,[20] and took control of the company.

[22] On 12 July 2005, Havas named Vincent Bolloré as board chairman, and veteran banker Philippe Wahl as chief executive officer.

[22][27] Havas then dismissed Hérail for gross negligence; vice-chairman Alain Cayzac and others close to de Pouzilhac were also relieved of their services.

Alain de Pouzilhac took Havas to court to seek unblocking of payment for non-compete that Havas had been withholding; civil cases were also launched by both for severance pay – a total of ten cases (including appeals) involving de Pouzilhac, four involving Hérail.

Havas seized the Nanterre criminal court on 15 May 2007, and again in August and November 2007 to initiate three cases against de Pouzilhac, Hérail and Cayzac, accusing them of "conspiracy, misappropriating from the company, and attempting to cover up".

Havas alleged that the three directors had signed new employment contracts during the takeover that gave them generous golden parachutes in the likely event of their removal.

[27] The preliminary inquiry into the charges under public prosecutor Philippe Courroye lasted three years, during which time the accused were given either sporadic or no access to evidence for their defence, contrary to the legal requirements.

[28] "The Tribunal took the view that the criminal proceedings had not complied with proper procedures, nor with the European Convention on Human Rights.

The Nanterre Court said that specifically, the provisions of this Convention relating in particular to access to the case file, the personal assistance of counsel during the investigation and the balance between the parties had not been met.

Building at 62, rue de Richelieu in Paris, built by the Société générale des Annonces and used by Havas from 1921 as head office of its advertising operations [ 3 ] : 14