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Draftfcb company history timeline

1873

Founded by Daniel Lord and Ambrose Thomas as Lord & Thomas in Chicago in 1873, FCB is the third-oldest advertising agency in the U.S still operating today.

1930

He tried on various occasions to obtain a job with the research department of Lord & Thomas' San Francisco office in the early 1930's, but without success.

1934

So in 1934 Foote opened up his own firm, Yeomans & Foote, only to find the competition within the industry too intense for the small company to survive.

In 1934 Cone temporarily left Lord & Thomas to work for J. Stirling Getchell on the Plymouth and De Soto automobile accounts.

1936

Cone left Getchell and returned to Lord & Thomas in 1936 as manager of the agency's San Francisco office.

1938

Foote accepted the job, but when Getchell died in 1938 the firm was dissolved and Foote was once again seeking employment.

Years later Lasker opened an office in Los Angeles which Belding took charge of in 1938.

1941

He remained on the West Coast until 1941 when Albert Lasker asked him to move to New York to help out with a new campaign for Lucky Strikes.

1943

A January 4, 1943, Time magazine article commented that, "To the advertising world it was almost as if Tiffany had announced that from now on it would be known as Jones, Smith & Johnson."

1946

By 1946 the new firm of Foote, Cone & Belding had answered its critics and had proven itself the suitable heir of Lord & Thomas.

1948

In 1948 George Hill died.

1951

In 1951 the company lost the Pepsodent account to McCann-Erickson, leaving FCB without the two accounts (Pepsodent and American Tobacco) that had been the bedrock of Lord & Thomas' business.

1955

Then, in 1955, General Motors withdrew the Frigidaire account from Foote, Cone & Belding and took its business elsewhere.

1959

In the winter of 1959 the last Edsel crossed the assembly line.

1962

1962: Foote, Cone & Belding goes public.

1963

In 1963, Foote, Cone & Belding began to offer stock and went public.

1969

By 1969 the company was responsible for $110 million worth of advertising time on television.

1977

In June 1977 Fairfax Cone died.

1984

The year 1984 was especially lucrative because Levi Strauss and a number of other major clients substantially increased their advertising budgets to meet the demand created by the Los Angeles Olympics.

1985

The fiscal strain of this expansion was felt in 1985 and made even worse by the fact that many clients, preparing for a more sluggish economy and a drop in sales following the Olympics, reduced expenditures for advertisements.

1988

In 1988 Publicis S.A., an international advertising agency with offices in 19 countries and more than 100 subsidiaries, entered into a global alliance with FCB. Under the terms of the agreement, Publicis would represent clients in Europe, Africa, and the Middle East.

1996

Reorganized into Three Operating Units, 1996

1997

Within FCB, a new, fully owned and controlled network in Europe was formed. It included the Wilkens International network, acquired in January 1997, and four large FCB operations.

2000

In 2000, it had more than 190 offices serving clients in 102 countries.

2001

The Interpublic Group of Companies came to its rescue and completed its $2.1 billion acquisition in 2001.

2006

Foote, Cone & Belding, a.k.a. It is owned by Interpublic Group and was merged in 2006 with Draft Worldwide, adopting the name Draftfcb.

2010

Draftfcb won more than 345 awards globally in 2010, including six best workplace honors for Draftfcb Chicago.

2013

In 2013, Draftfcb won the Facebook Blue Studio Award for OREO "Daily Twist." Draftfcb won three Reggie Awards for OREO 100th Birthday Celebration, Sharpie and Taco Bell.

2014

On 10 March 2014, the agency was renamed as FCB, six months after the appointment of worldwide CEO Carter Murray.

2015

FCB won 36 awards at the 2015 Lions Festival including one Grand Prix, 10 Gold, nine Silver and 16 Bronze.

2016

FCB also received 19 Silver and 19 Bronze Lions, making 2016 the network's strongest Cannes Lions performance to date.

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Draftfcb history FAQs

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