Grey and E-Trade Split as Agency Review Is Launched
Posted in: UncategorizedE-Trade and longtime agency Grey New York are parting ways, ending a six-year relationship that arguably marked a turnaround in the WPP-owned shop’s creative fortunes.
People familiar with the matter said the marketer is in the initial stages of a request-for-proposal process to select a new agency of record. A group of shops including Grey were sent non-disclosure agreements, but Grey, the shop that’s overseen the popular talking-baby campaign since 2008, decided not to participate.
A memo to employees from Grey President Tor Myhren and Chief Operating Officer Michael Houston, said the decision was in “both Grey’s and E-Trade’s best interests.” The memo portrayed the split as the agency resigning the account.
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