C&W/Chicago to double, exec exits

CHICAGO: Despite having lost its top exec in the city, Chicago is still Cohn & Wolfe’s kind of town. Agency president Steve Aiello said last week that despite the temporary setback caused by the departure of office head Rose Ann Anschuetz, the Chicago market remains a pivotal one for C&W and one in which he plans to aggressively pursue acquisitions.

CHICAGO: Despite having lost its top exec in the city, Chicago is still Cohn & Wolfe’s kind of town. Agency president Steve Aiello said last week that despite the temporary setback caused by the departure of office head Rose Ann Anschuetz, the Chicago market remains a pivotal one for C&W and one in which he plans to aggressively pursue acquisitions.

CHICAGO: Despite having lost its top exec in the city, Chicago is

still Cohn & Wolfe’s kind of town. Agency president Steve Aiello said

last week that despite the temporary setback caused by the departure of

office head Rose Ann Anschuetz, the Chicago market remains a pivotal one

for C&W and one in which he plans to aggressively pursue

acquisitions.



Aiello said he would like to see the office - which recorded dollars 2.5

million in PR fees last year, down about dollars 500,000 from 1998 -

double in size over the next 18 months. An acquisition would obviously

help push the firm closer to this goal, and C&W is looking at agencies

of all sizes with capabilities that complement the Chicago office’s

consumer marketing and IT strengths.



A two-person management committee reporting to CFO James Caplove in New

York is now overseeing the 11-person office.



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