P&G’S MARC PRITCHARD, PLUS CMOs FROM UNILEVER, J&J, BANK OF AMERICA AND CHASE, TALK TOUGH ON AD TRANSPARENCY—AND THE DUOPOLY IS LISTENING.BY LAUREN JOHNSON Those figures explain why it is that every agency, platform and digital media player has been on high alert since Procter & Gamble chief brand officer Marc Pritchard, who holds the strings to the conglomerate’s $2.4 billion annual U.S. advertising purse, threatened to yank his company’s spend if they fail to address the growing mess of issues in digital advertising like fraud, brand safety and transparency.
This past January, Pritchard raised more than a few eyebrows when he laid out an elaborate, five-point mandate during a speech at the Interactive Advertising Bureau’s annual leadership meeting in Hollywood, Fla., essentially giving all of P&G’s digital advertising partners—namely,…
