Philippe Krakowsky to Succeed Michael Roth as CEO of Interpublic Group

Interpublic Group has promoted Philippe Krakowsky as IPG Chief Executive Officer and a member of the Board of Directors. The appointment, which becomes effective January 1, 2021, will see Michael I. Roth, the current Chairman and Chief Executive Officer remain in his current role until before ascending to Executive Chairman of the Board.

Krakowsky is currently Executive Vice President and Chief Operating Officer of IPG and the Chairman of IPG Mediabrands.

“Philippe is the right CEO for the next era at IPG,” said Roth. “He is a brilliant strategist and effective leader who has played a key role in developing our open architecture client service model, as well as modernizing our data, marketing services and media solutions. Our partnership over the years has been a key factor in our long-term success with both clients and our people.”

Roth joined the IPG board in 2002 and chaired its Audit Committee until his appointment as Executive Chairman and co-CEO in 2004, and CEO in 2005. During his tenure as CEO, Roth is credited with righting the company’s financial course and made IPG an industry leader.

“Michael’s leadership of IPG has been and continues to be outstanding. He has substantially transformed the company and ushered in a new era of modern marketing solutions,” said David Thomas, Presiding Director of the IPG Board of Directors.

“He has taken bold strategic actions to reposition IPG for the future, focusing the company on the right business lines, growing digital and data capabilities organically and through acquisition, all while advancing diversity and employee engagement and setting the industry standard for growth and margin expansion. As Executive Chairman of IPG, Michael will work closely with the Board and with Philippe in his new role and with senior company executives on continuing to manage through changes related to COVID-19 and help shape the future of IPG.”

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