Interpublic Group of Companies

Interpublic Group of Companies is an advertising holding company with hundreds of subsidiaries, 40,000 employees, and $6 billion in revenue for 2009 (Company Website). 

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“With respect to Iran and Sudan, based on the data available to and reviewed by the Company, Interpublic does not currently have subsidiaries, assets or operations in Iran or Sudan, has no business relationship (including partnerships) with any person or entity in those countries, has not had subsidiaries, assets or operations or any such relationship in these countries since our letter to you dated December 18, 2009, and does not anticipate doing so.” (SEC filing in response to SEC letter addressing possible ties to Eshareh Advertising, 2012)

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Eshareh, an Iranian advertising firm, notes on its website that it is "in partnership with the Interpublic Group (IPG), operating dedicated advertising, media, Public Relations, CRM and below-the-line units" (Eshareh Website). Eshareh has an annual sales volume of $26 million (Business Monitor International, subscription required).

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Interpublic Group's corporate values include "integrity and transparency," and its website claims that "we strive to maintain the highest levels of ethics, fairness and openness in all of our actions" (Company Website).