TVNewser TVSpy LostRemote SocialTimes AllFacebook FishbowlNY FishbowlDC PRNewser 10,000 Words GalleyCat UnBeige MediaJobsDaily

Former Havas CEO Jones Made a Lot of Money in 2013

David-Jones-042811In news that will surely warm the cold, jaded heart of any copywriter, designer or other creative struggling to stand out at an independent agency, Havas Worldwide paid now-former CEO David Jones $13.5 million bucks last year.

In fact, he made 7 of those millions simply for stepping down to fulfill his “burning desire to be an entrepreneur“–or, as we call it in the blog world, “the possibility of making even more money.”

This morning our future colleages at AdWeek combed through the company’s annual report to reveal those important stats. This fact stood out to us:

“Jones received another $1.2 million compensation for a non-compete clause and his role as an advisor to the younger Bolloré”

So he received a significant sum for advising the man who replaced him. Jones was unavailable for comment, presumably because he was too busy laughing about the fate of the Publicis-Omnicom merger.

Mediabistro Course

Storytelling for Media Professionals

Storytelling for Media ProfessionalsLearn how to use stories to inspire, connect, and persuade your clients! In this workshop starting September 3, you'll learn how to uncover stories in everyday life, incorporate stories into your media work, use storytelling techniques with clients, all to improve your pitch and presentation skills. Register now!