After nearly 17 years as CEO of Colle McVoy, Christine Fruechte will assume a strategic advisory position asย chair of the agency. Jessica Henrichs, who currently serves as the agencyโs president, will be elevated to CEO effective Jan. 1, 2025.
Fruechte was tapped to run the agency in 2007, as president, when the organization was financially strained and heading into a recession. She rallied the workforce servicing primarily B2B clients at that time in a fresh strategic direction. She became CEO in 2008. Fruechte set a new trajectory in motion by evolving the agencyโs positioning, expanding integrated offerings, broadening the client portfolio and investing in key hires while doubling down on a people-first culture.
Flash forward to todayโrevenueโs nearly tripled and earnings have increased sixfold, reported as of the end of September 2024. The agency has quadrupled BIPOC representation, from 7% to 28% of its workforce within the same timeframe.
โItโs been so gratifying to lead Colle McVoy through many reinventions. Weโve proven a midsized agency can be a lightning rod of impact for our industry and our clientsโ businesses. Iโm incredibly proud of our enduring client partnerships and the fantastic teams weโve built whoโve made it all happen over the years,โ said Fruechte.
Under Fruechteโs full-hearted vision the agency has achieved international acclaim, record-setting growth, B Corp Certification and Best Place to Work honors for 14 consecutive years.
Jessica Henrichs
โJess has been an undeniable force in Colle McVoyโs explosive growth over the past five years, winning over big-name brands and stewarding molecular-level transformation,โ said Fruechte. โFrom our first conversation, I knew Jess would take the agency to places weโve never been before.โ
Fruechte and Henrichs have been a dynamic duo for diversifying the agencyโs capabilities and client roster while leading a multiyear journey to B Corp certification. Henrichs also recast talent to task, rewiring capabilities and team structures to capitalize on the agencyโs midsized modelโuniting strategy and experience design; creative and PR; and media and data science.
โChristine is proof that people-first and profitable are possible,โ shared Henrichs. โThis culture sheโs built of camaraderie, trust and joyful restlessness for reinventionโitโs not a foundation, itโs a springboard. My job is to honor whatโs been established and catalyze the momentum we have.โ
Fruechte will work with Henrichs in a strategic advisory capacity while continuing to serve as co-vice chair of the 4Aโs Board of Directors, Board chair for The Minnesota Star Tribuneโand in leadership roles with the Ad Council, SeeHer and The BrandLab.
โChristineโs bold leadership over the past two decades has transformed Colle McVoy into a creative force for brands such as 3M, Target and UnitedHealthcare. This momentum has accelerated with Jessicaโs arrivalโmultiplying opportunities with Perdue, La-Z-Boy and Frankโs RedHot,โ said Mark Penn, chairman and CEO of Stagwell. โI believe in a bright future for the agencyโs next chapter and continued success.โ
Henrichs has been the pivotal player behind Colle McVoyโs growth in the last five years, secured through pitches sheโs led and previous relationships flocking to be back in her orbit. Colle McVoy has welcomed Frankโs RedHot, La-Z-Boy, Wellness Pet, American Signature Industries, HARIBO, Craftsman, Whirlpool, Perdue and others to its roster.
Henrichโs appointment follows Ciro Sarmiento, who was named chief creative officer last November, and Megan Flynn, who became chief financial officer in January.