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BOSTON WPP Group’s Burson-Marsteller has confirmed that CEO Thomas Nides is planning to leave the public relations firm and the agency is conducting a search for his successor.
Nides, 44, who is leaving the agency to take a senior executive position at Morgan Stanley, will remain at the global PR firm for an unspecified time.
“In the coming weeks, in order to maintain continuity at Burson-Marsteller, Nides will work closely with Howard Paster, executive vice president of Burson’s parent company, WPP, on the transition at Burson and the search for his successor,” according to a statement from the firm.
Nides
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