We Hear: Ogilvy Global CEO Miles Young to Step Down

Multiple sources tell us that WPP Group will officially announce executive changes at Ogilvy & Mather this afternoon. We do not have all the details at the moment because no one within the Ogilvy or WPP organizations has commented to us directly.

The most prominent news concerns Ogilvy Global CEO Miles Young, who joined O&M way back in 1982 and succeeded Shelly Lazarus as global chief executive in 2008 (she is currently chairman). As we hear it, the word will be that he is “stepping aside.”

It would appear, based on an announcement from New College at Oxford University, that Young will move to England to be Warden of Fellows of New College and leave the advertising industry entirely.

In March 2013, Adweek’s Noreen O’Leary profiled Young as a man “busy reinventing a troubled agency.” He was first approached for the chief executive role by Martin Sorrell in 2007, when he ran Ogilvy’s Asia-Pacific operations.

No word at the moment on who will replace Young and/or whether his departure will be accompanied by other staffing changes.

Global CMO Lauren Crampsie, promoted to that position more than three years ago, has yet to respond to our requests for comment on the news.

Updates, obviously, to come.

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