COVID Stimulus Watch Individual Entry
Recipient Company:
INTERPUBLIC GROUP COS
Loan or Loan Guarantee Amount:
$1,047,517
Recipient Details
Ownership Structure: publicly traded (ticker symbol IPG)
Award Details
Award Date: Jul 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Interpublic
Headquartered in: New York
Parent Sector: miscellaneous services
Parent Industry: advertising
Employees (prior to pandemic): 54,300
Accountability Issues Since 2010
Employment-related Penalties: $21,167,500
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Ratio of CEO Pay to that of Median Worker: 231 to 1
CEO Compensation: $16,590,172
Worker Median Pay: $71,835
Total Federal, State, and Local Subsidies: $20,665,455
Federal Corporate Income Tax Rate: 8.7%
Violation Tracker
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues