Interpublic Group of Companies has announced the immediate departure and replacement of McCann Worldgroup's British CEO Nick Brien, with native New Yorker Harris
Diamond, CEO of another Interpublic division, the Constituency Management Group, named as his successor.
The pressure has grown on Brien throughout his two years at the helm of McCann, who has presided over dwindling revenues and the loss of clients including Nescafé, Exxon Mobil , Hewlett-Packard and
Lufthansa. The Wall Street Journal claimed Interpublic were considering replacing
him, as did Advertising Age; quoting "insiders", the publication suggested that it would be surprising if Mr. Brien "wasn’t gone by the start of 2013."
Wednesday, November 14, 2012
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