History

M&C Saatchi was formed in January 1995 by Jeremy Sinclair, Bill Muirhead, David Kershaw and the brothers Maurice and Charles Saatchi.

The Group was started as an advertising agency in 1995. From a modest office above a London real estate agent, we set about realising our ambition to change the world.

International since day one, we started businesses with the best people all over the world. Each business was an independent legal entity with its own operating name – run by brilliant leaders with an ownership stake in their business.

This model has unified and fuelled the Group ever since. Entrepreneurialism is in our DNA. And every business in our network is driven to make change.

Today, our expertise runs far deeper than our famous advertising heritage. Delivering creative, strategic and data-led services across five specialist divisions, our global interdisciplinary team blends cutting-edge data expertise with diverse thinking and exceptional creativity.

M&C Saatchi Group is listed as ‘M&C Saatchi plc’ on the AIM stock exchange in London. Every business in our network is supported by an active Group function. This structure connects clients to the right specialists from across the M&C Saatchi Group of businesses – to navigate, create and lead meaningful change.

Audit Committee

Since the 14 July 2004 float, the Group has operated with an Audit Committee, whose terms of reference cover the points recommended by the Code.

The Committee comprise four Non-Executive Directors, Colin Jones (committee chairman) Gareth Davis, Lisa Gordon and Louise Jackson; and is attended by Finance Director Mickey Kalifa; Chief Executive Moray MacLennan and the auditors as appropriate. Details of committee’s remit and work it has performed in year can be found in latest Annual Report.

 

Nominations Committee

In view of the size of the Group, the Nominations Committee is only formed when needed. Nominations Committee comprises of Non-Executive Directors, Gareth Davis, Lisa Gordon, Louise Jackson, Colin Jones and Vin Murria, using head-hunters as needed.

What we do

We are a global marketing services business working across a wide variety of industry sectors with a strategy focused on winning new business and starting new businesses.

The strategy is carried out by our 2,597 staff, employed in over eighty business units run by local entrepreneurs who are regularly in touch with their local stakeholders and head office.

Remuneration Committee

The Group has a Remuneration Committee. The Committee comprise Non-Executive Directors, Louise Jackson (committee chairman), Lisa Gordon, Gareth Davis and Colin Jones. Details of committee’s remit and work it has performed in year can be found in latest Annual Report.

 

Auditors

PwC were appointed as the Company's auditor on 4 November 2019.

Corporate governance

The M&C Saatchi plc Board comprises two Executives, an Independent on appointment Chairman and four Non-Executive Directors. The Board manages the Group's affairs according to the schedule of matters reserved for its approval, including the financial statements, acquisitions and disposals, authority levels for expenditure, and reviews of monthly and other management reports.

The Chief Executive and Finance Director regularly meet shareholders and their representatives. The whole board is available to shareholders at the AGM.

M&C Saatchi plc follows the 2018 UK Corporate Governance Code. The Board regularly reviews the Group's Governance structure and disclosures, making changes and improvements where necessary (last review 16 September 2019).

M&C Saatchi plc is registered and operates in England and Wales, registration number 05114893.