IPG’s Chief Growth Officer to Leave

NEW YORK Marjorie Altschuler, evp and chief growth officer at Interpublic Group, is leaving the holding company after about 18 months, a representative confirmed.

Altschuler, a former chief growth officer at IPG’s McCann Worldgroup, joined IPG in December 2005 and was tasked with coordinating efforts to grow existing clients as well as pitches involving multiple operating units.

For example, she played a role in IPG’s winning pitch for Dow Chemical in March 2006, for which IPG fielded a team that included FCB and GolinHarris.

With seemingly fewer multi-unit opportunities these days, IPG is not expected to fill the post. The rep said only, “We’re assessing the appropriate structure for the function going forward.”

Altschuler, who’s winding down her tenure and expected to leave in June, said, “I think I accomplished some good things and put in some tools and programs that will be long-lasting and effective.”

She added that the “biggest difference between working at an operating company and a holding company is a lot about bringing the companies together for synergy, growth and collaboration. There are different challenges and they’re both interesting from a business point of view. It was satisfying. But now I personally need to move on to something different.”