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Rick Fizdale said his retirement is going to stick this time.
“In the end, it’s a young person’s business,” Fizdale said. “There are better qualified and more contemporary people in the building now.”
Fizdale, former Leo Burnett Worldwide CEO and current vice chairman of Bcom3 Group, an-nounced last week he will retire from the agency at the end of the year. It’s not the first time Fizdale has planned to retire.
In 1997, his plans to retire were thwarted by high profile account losses and a management coup that saw Fizdale, who was then the agency’s chairman, reclaim his title as CEO.
Fizdale set about reshaping the agency, implementing the since-discarded “mini-agency” structure.
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