-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FbSOcvBI7o8xeP8Yyjm4Dz1x+6zKMPa5WgNWRzVWrzBSx7My7ViNoNeRsVVMGyVK 2Jc8n6oLjCZQYsl6qUPJJA== 0000891092-02-000758.txt : 20020613 0000891092-02-000758.hdr.sgml : 20020613 20020613151240 ACCESSION NUMBER: 0000891092-02-000758 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20020613 ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020613 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OMNICOM GROUP INC CENTRAL INDEX KEY: 0000029989 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311] IRS NUMBER: 131514814 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10551 FILM NUMBER: 02678230 BUSINESS ADDRESS: STREET 1: 437 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2124153700 MAIL ADDRESS: STREET 1: 437 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: DOYLE DANE BERNBACH INC DATE OF NAME CHANGE: 19781226 FORMER COMPANY: FORMER CONFORMED NAME: DOYLE DANE BERNBACH GROUP INC DATE OF NAME CHANGE: 19861117 FORMER COMPANY: FORMER CONFORMED NAME: DOYLE DANE BERNBACH INTERNATIONAL INC DATE OF NAME CHANGE: 19850604 8-K 1 e13561.txt FORM 8-K ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported): June 13, 2002 OMNICOM GROUP INC. --------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) New York --------------------------------------------------- (State or Other Jurisdiction of Incorporation) 1-10551 13-1514814 - ------------------------ ----------------------------------- (Commission File Number) (I.R.S. Employer Identification No.) 437 Madison Avenue, New York, New York 10022 --------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (212) 415-3600 ---------------------------------------------------- (Registrant's Telephone Number, Including Area Code) ================================================================================ Page 1 of 6 Pages Item 4. Changes in Registrant's Certifying Accountants. The Board of Directors of Omnicom Group Inc., upon the recommendation of its Audit Committee, has determined not to rehire Arthur Andersen LLP as Omnicom's independent accountants and authorized the engagement of KPMG LLP to serve as Omnicom's independent accountants for 2002. The change in auditors is effective June 13, 2002. Arthur Andersen's reports on Omnicom's consolidated financial statements for each of the past two fiscal years did not contain an adverse opinion or disclaimer of opinion, nor were such reports qualified or modified as to uncertainty, audit scope or accounting principles. During the years ended December 31, 2001 and 2000 and through June 13, 2002, there were no disagreements between Omnicom and Arthur Andersen on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure which, if not resolved to Arthur Andersen's satisfaction, would have caused the firm to make reference to the subject matter thereof in connection with their report on Omnicom's consolidated financial statements for such years, and there were no reportable events as described in Item 304(a)(1)(v) of Regulation S-K. Omnicom has provided the foregoing disclosures to Arthur Andersen and, as requested by Omnicom, Arthur Andersen furnished the Company with a letter, dated the date of this Report, stating its agreement with the foregoing disclosures. A copy of the letter is filed as Exhibit 16 to this Report. Omnicom's press release announcing the change is filed as Exhibit 99 to this Report. During the years ended December 31, 2001 and 2000 and through June 13, 2002, Omnicom did not consult with KPMG LLP with respect to the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on Omnicom's consolidated financial statements, or any other matters or reportable events as set forth in Items 304(a)(2)(i) and (ii) of Regulation S-K. Item 7. Financial Statements and Exhibits. (c) Exhibits. The following exhibits accompany this report: 16 Letter from Arthur Andersen LLP 99 Omnicom's June 13, 2002 press release Page 2 of 6 Pages SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. OMNICOM GROUP INC. Date: June 13, 2002 By: /s/ Philip J. Angelastro ------------------------- Philip J. Angelastro Senior Vice President, Finance and Controller Page 3 of 6 Pages EXHIBIT LIST Exhibit Item - ------- -------------------------------- 16 Letter from Arthur Andersen LLP 99 Omnicom's June 13, 2002 press release Page 4 of 6 Pages EX-16 3 e13561_16.txt LETTER RE: CHANGE OF CERTIFYING ACCOUNTANT Exhibit 16 June 13, 2002 Office of the Chief Accountant Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D. C. 20549 Ladies and Gentlemen: We have read the first four paragraphs included in Item 4 of the Form 8-K dated June 13, 2002 of Omnicom Group Inc. to be filed with the Securities and Exchange Commission and are in agreement with the statements contained therein. Very truly yours, /s/ ARTHUR ANDERSEN LLP Page 5 of 6 Pages EX-99 4 e13561_99.txt PRESS RELEASE Exhibit 99 Omnicomnews ---- FOR IMMEDIATE RELEASE Contact: Randall J. Weisenburger 212.415.3393 NEW YORK, JUNE 13, 2002--Omnicom Group Inc. (NYSE-OMC) announced today that it had engaged KPMG LLP as its independent accountants for 2002. Prior to the selection of KPMG, Arthur Andersen LLP had served as Omnicom's independent accountants. The change was approved by Omnicom's Board of Directors following the recommendation of the Audit Committee that the change be made. It was not the result of any disagreement between Omnicom and Arthur Andersen on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure. Omnicom is a leading global marketing and corporate communications company. Omnicom's branded networks and numerous specialty firms provide advertising, strategic media planning and buying, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries. 437 Madison Avenue, New York, N. Y. 10022. (212) 415-3600, Fax (212) 415-3530 Page 6 of 6 Pages -----END PRIVACY-ENHANCED MESSAGE-----