Age, Biography and Wiki
Walter Thompson was born on 8 May, 1903 in Indiana, USA, is an Advertising company. Discover Walter Thompson's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 72 years old?
Popular As |
N/A |
Occupation |
editor,miscellaneous,director |
Age |
72 years old |
Zodiac Sign |
Taurus |
Born |
8 May, 1903 |
Birthday |
8 May |
Birthplace |
Indiana, USA |
Date of death |
17 December, 1975 |
Died Place |
Los Angeles, California, USA |
Nationality |
United States
|
We recommend you to check the complete list of Famous People born on 8 May.
He is a member of famous Editor with the age 72 years old group.
Walter Thompson Height, Weight & Measurements
At 72 years old, Walter Thompson height not available right now. We will update Walter Thompson's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is Walter Thompson's Wife?
His wife is Vera Peterson (? - ?)
Family |
Parents |
Not Available |
Wife |
Vera Peterson (? - ?) |
Sibling |
Not Available |
Children |
Not Available |
Walter Thompson Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Walter Thompson worth at the age of 72 years old? Walter Thompson’s income source is mostly from being a successful Editor. He is from United States. We have estimated Walter Thompson's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
Editor |
Walter Thompson Social Network
Timeline
J. Walter Thompson traces its origins to the Carlton & Smith agency, which opened its doors in 1864, one of the first known advertising agencies in the United States.
Founder William James Carlton started selling advertising space in religious magazines, but almost nothing is known about the partner named Smith.
The New York Times wrote that "the agency traces its roots to a newspaper space brokerage that began operation on Dec. 5, 1864."
Eventually, Thompson found that soliciting and sales were much more profitable, and he became a very effective salesman for the small company.
In 1877, Thompson purchased the business of his employer for $500 and, a year later, purchased the office furniture for $800.
One of his first clients was a personal friend – Robert Wood Johnson, one of the three brothers who founded Johnson & Johnson – for whom Thomson personally wrote advertising for the toothpaste brand Zonweis.
Thompson, who had served as a U.S. Marine during the Civil War, had first been employed by Carlton & Smith to sell space in religious publications.
Under his leadership, the agency became the seller of advertising space in many American magazines and periodicals.
By 1889, 80 percent of the advertising in the United States was placed through J. Walter Thompson.
In 1896, the company incorporated.
More growth followed, and J. Walter Thompson became the first American agency to expand internationally with the opening of J. Walter Thompson London in 1899.
The business subsequently expanded across the globe, being one of the first American agencies in Egypt, South Africa and Asia.
In a special 1964 commemorative issue celebrating the agency's centennial, Advertising Age wrote that the "history and expansion overseas" of the J. Walter Thompson Co. "seems peculiarly to match the whole history of modern advertising."
In the mid-1970s, J. Walter Thompson was hired by the military dictatorship of Chile, led by Augusto Pinochet, to "refurbish the image of the regime" after international and Chilean human-rights organizations had documented extensive violations.
In 1980, the company was organized into a holding company JWT Group, consisting of J. Walter Thompson Company; Hill & Knowlton; and Lord Geller Federico & Einstein.
The company was acquired in 1987 by multinational holding company WPP plc, and in November 2018, WPP merged J. Walter Thompson with fellow agency Wunderman to form Wunderman Thompson.
In October 2023, WPP announced yet another merger in which Wunderman Thompson, along with another group agency VMLY&R, would cease to exist and create a new combined entity named VML.
This is to be effective January 1, 2024.
In 1987, British media giant WPP acquired JWT Group.
In 2005, the company renamed itself as JWT.
As of 2014, its most longstanding clients included Unilever/Lever Brothers (109+ years); Mondelēz International/Kraft Foods (89+ years); Kimberly-Clark (84+ years); Nestlé (81+ years); Kellogg's (80+ years); and Ford Motor (67+ years).
Other notable clients include Avon, Treasury Wine Estates, Edgewell/Schick, Tudor, HSBC, Johnson & Johnson, Newell, Air Canada and the United States Marine Corps.
JWT celebrated its 150th anniversary in 2014 by reverting to its "classic" J. Walter Thompson name.
To honor this legacy, in 2014 J. Walter Thompson announced a $250,000 scholarship opportunity called the Helen Lansdowne Resor Scholarship.
It assists and promotes talented female creative advertising students who aspire to join the ranks of creative leadership.
In 2015, JWT launched Colloquial, a content-marketing joint venture unit with Group SJR; Also in 2015, the company acquired a minority stake in Turkish independent digital agency Wanda Digital.
In 2016, the company acquired iStrategyLabs (ISL), a Washington, D.C.-based digital agency.
J. Walter Thompson Co. ceased its independent existence when holding company owner WPP announced in November, 2018 that it was merging the agency into the digital agency Wunderman.
While called a merger of equals, observers note that it is really a takeover by Wunderman and an end to JWT, noting of the end of America's first ad agency that its "demise is a metaphor of the demise of Madison Avenue."
At the time, the company was headquartered in New York City and had more than 200 offices in over 90 countries and employed over 12,000 marketing professionals.
J. Walter Thompson was among the first agencies to employ writers and artists to create interesting advertisements for their clients, replacing the standard ads created by in-house departments.
It was also the first agency to provide a wide range of advertising services to clients, including copy, layout, package design, trademark development and rudimentary, market research.
Many of these methods can be seen in notable work that the agency has produced, including work for Kraft Cheese that resulted in the creation of the grilled-cheese sandwich, a campaign for Swift & Co. that added measurement marks to sticks of butter, The Toys "R" Us Kid slogan and jingle, De Beers diamond ads ("A Diamond is Forever") and the "I wish I were an Oscar Mayer Wiener" campaign.
The agency is also credited with hiring the first female copywriter, Helen Lansdowne Resor.
While with the agency, she pioneered ideas including celebrity testimonials, sex appeal, and was responsible for developing its reputation as an agency where bright young women could succeed.
Lansdowne went on to become the first female creative director in the industry.