French advertising group Publicis names Proch as new CFO

PARIS, Nov 25 (Reuters) - Publicis, one of the world's biggest advertising companies, on Wednesday named Michel-Alain Proch as its new chief financial officer, replacing Jean-Michel Etienne.

Proch had previously been CFO at payments technology group Ingenico until it was acquired by Worldline and has since been advising the company on the post-deal integration process. Worldline is in the process of fully completing the 7.8 billion euro ($9.3 billion) takeover.

Last month French company Publicis, which competes with the likes of WPP and Omnicom, beat market expectations for the second quarter in a row with a lower than expected decline in sales in a sector that has been hit hard by the coronavirus crisis. ($1 = 0.8398 euros) (Reporting by Sudip Kar-Gupta Editing by David Goodman)