John Wren is CEO of the massive, ominously named advertising and PR conglomerate Omnicom. As part of his contract, whenever he dies, the (publicly traded) company pays his heirs $41 million. This benefits the shareholders by....????

Designer Oscar de la Renta turns 77 today. Rufus Wainwright is 36. Actor Willem Dafoe is turning 54. John Leguizamo and David Spade are both turning 45. Publishing industry heavyweight Ann Godoff is 60. Actor Danny Glover is turning 63. John Wren, the president and CEO of the ad agency Omnicom, is turning 57. Former…

Remember when mega ad agency Omnicom announced it planned to lay off 3,500 employees? That was a full three weeks ago, but there's much better news to report today, at least if you happen to be John Wren, the agency's CEO: He collected another $25 million in Omnicom stock just ten days after announcing the layoffs.…

The International Monetary Fund says the mortgage mess is "the biggest financial crisis in the United States since the Great Depression," which means one thing for John Wren, CEO of ad-holding giant Omnicom: acquisition prices for companies in the advertising industry are low, and it's time to get shopping. Wren …

You can bet the always-elegant Oscar de la Renta will be especially well-dressed today: He turns 76. Other people celebrating: Actor Willem Dafoe is 53. Comedian John Leguizamo is turning 44, as is David Spade. Crooner Rufus Wainwright is 35. Literary queen Ann Godoff is 59. So is union leader Mike Fishman.…

Omnicom CEO John Wren told media in Palm Beach that ad spending is "holding up well enough. We haven't seen erosion in clients." But apparently doing "well enough" isn't enough for Omnicom to pay employees their usual bonuses. Wren said ad agency would cut into bonuses, rather than lay off employees. Layoffs or…

John Wren is the hulking, straight-talking CEO of Omnicom, the world's largest advertising holding company. Omnicom controls agencies like BBDO, DDB, and TBWA.