Initiative worldwide chair to leave
MediaWeek, Media Week, Wednesday, 16 March 2005, 5:35pm,
Interpublic’s shake-up of senior executive roles across the network has continued after its top Initiative boss in Europe, Asia Pacific and Latin America, Marie-Jose Forissier, agreed to step down.
The move is the second major shock within the Interpublic network in the space of two days after Initiative’s sister agency Universal McCann said worldwide chief executive Robin Kent had left the company.
Murray Dudgeon, currently chief operating officer at Universal McCann, will take on the role until a replacement is found.
Michael Roth, chairman and chief executive for Interpublic, said: “Marie-José has made tremendous contributions to Initiative over the years.
“Her talents and vision have helped Initiative grow and develop in ways that have benefited many of our key clients.
“We wish her well in her future endeavours and are working together to determine how best to tap into her considerable expertise going forward.”
Forissier will be replaced by Initiative chief executive Alex Gerster.
The move comes as Interpublic faces the loss of the General Motors dealership account in the US, worth around £1.5bn and on back of losing the mammoth Unilever account, which switched from Initiative to WPP’s MindShare last year, and Universal McCann’s loss of its part of the Nestle global media account.
However, Universal McCann recently won the high-profile £150m
global Intel account, after the network retained the £400m General
Motors European account.
By Kevin May
This article was first published on Media Week
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