Mineola, New York, United States
Frank Mangano is the builder and leader of operational and financial structures that have driven the growth of some of the world’s most highly respected advertising and communications businesses. His steady leadership style is at the foundation of organizational cultures where teams across the U.S. have found clarity and trust. After gaining valuable public accounting experience as an auditor in Grant Thornton’s SEC division, Frank was recruited to join American List Corp. as CFO. In 2003, he was selected to lead the financial integration of American List Corp. and Synder Communications into the newly formed Euro RSCG 4D. He served as the CFO of North America for this Havas Worldwide division for 4 years. In 2007, Frank was promoted to lead the transformation of the newly merged flagship Havas agency in New York. He has continued to serve as the COO and CFO of the New York creative agency. In 2012, he took on additional accountability as the COO and CFO of Havas Creative for North America. Frank is a member of a C-suite team that has been instrumental in the continued growth of the Havas Creative North American business. His work has been key in maintaining and growing margins in the midst of rapid industry change. Frank also led the transformation of the New York business, growing annual revenue 40% while elevating margins. He evaluated the operation against the needs of the business, created a streamlined model, gained buy-in from colleagues, and executed the plan. He was recognized with the global company’s Employee of the Year honors as a finance executive. Throughout his career, Frank has flexed to meet changing business needs. In his most recent role, he has taken on additional responsibilities, including the commercial management and growth of 2 global accounts. He designed and negotiated an innovative KPI-driven fee structure that delivered year-over-year growth and became a model for other divisions worldwide.
Following the rebranding of the Euro RSCG Worldwide brand as Havas, promoted by France-based Global CFO into a North American GM-level leadership role while maintaining CFO accountability for the New York office and managing growth of 2 key global accounts. NORTH AMERICA: financial and performance of all North American creative teams (creative, sales/marketing, IT, HR, facilities, finance, administration); P&L impact, $MMM annual revenue, 2K+ employees in 20 offices, 8 Divisional CFO reports NEW YORK: P&L impact, $MMM annual revenue, 19 finance employees EUROPE: commercial management of 2 key global accounts ➛ Member of the executive leadership team that rolled out new integrated creative, media, and digital strategy. ➛ Synthesized Euro RSCG Worldwide and Arnold businesses into a unified Havas leadership in North America. ➛ Recognized as a strategic advisor and key resource for France-based parent company executives. ➛ Member of the North American due diligence team, providing operations/P&L insights on acquisition targets. ➛ Led teams through the acquisition and post-merger integration of Battery (L.A., 2019), Republica (Miami, 2018), The 88 (New York, 2017), Formula (San Diego/L.A./New York, 2014), Revenue Frontier (L.A., 2013), and Plastic Mobile (Toronto, 2015). ➛ Continues to advance the growing, complex North American organization toward process/system harmonization. ➛ Delivered savings by creating a Chicago-based A/P shared services operation and migrating banner ad development to Costa Rico. ➛ Owns the performance of 2 global relationships based in the U.K. Achieved consistent year-over-year growth by conceptualizing and negotiating a new KPI-driven compensation model. ➛ Negotiates fee/benefit structures for employee healthcare plans. Manages investment portfolio strategy for 401(k) plans. Member of the Havas 401(k) Committee.
Following the integration of Euro RSCG 4D into the Euro RSCG New York business, promoted to co-lead the transformation of this newly merged largest/flagship Havas agency and drive the new digital-first strategy. Managed 19 finance employees, P&L impact, and $MMM annual revenue. ➛ Quickly evaluated finance talent, processes, performance metrics, systems, and culture. ➛ Streamlined operations. Eliminated waste and redundancies while improving work product quality. ➛ Guided team through restructuring as Euro RSCG Worldwide was positioned under the Havas Worldwide network of agencies. Influenced strategies to align finance processes and systems across this network. ➛ Only finance executive to earn Havas Employee of the Year honors (2010).
Following the launch of this new global marketing and digital services organization (4D=direct, digital, drive, data), promoted to lead the financial integration of the former American List Corp./Synder Communications business into this new model and oversee day-to-day financial operations. Reported to France-based finance team. Managed 8 Finance Director reports, P&L impact, $MM annual revenue, and 8 offices across the U.S. (700+ employees). ➛ Instrumental in positioning firm as a leader in digital marketing/creative services. ➛ Developed and executed talent, capex and infrastructure, data security, and other strategies to support the acquisition of new global accounts (e.g., IBM, Intel). ➛ Negotiated real estate leases and fee/benefit structures for employee healthcare plans. ➛ Advised executive colleagues on a number of business opportunities spanning talent offshoring, expansion into new verticals, process improvements, pricing, and account management.
Recruited following the acquisition of American List Corp. by Snyder Communications to lead all day-to-day finance functions for this publicly traded company with 50+ employees and a database containing information on 30M+ students. Reported to parent company’s finance team. Managed 5-member finance team, P&L impact, $MM+ annual revenue. ➛ Guided team through the acquisition of Snyder Communications by Havas ($2B+ transaction). ➛ Worked closely with General Counsel and legal team to navigate the complexity with enterprise name changes. ➛ Managed team in a perpetual state of evaluation and development to help sustain company’s margins in the midst of ongoing industry disruption and change.