SMG's McCann Steps Down; Desmond Is Replacement

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Starcom MediaVest Group global CEO Renetta McCann plans to take a one-year sabbatical from the company, leaving effective Jan. 1, 2009, but will vacate the title immediately, and be replaced by Laura Desmond, CEO of SMG/The Americas.

McCann has held the titled of global CEO since 2005. Prior to that she was CEO of SMG/The Americas, Desmond’s current title.

“It is impossible to summarize the contributions Renetta continues to make to our business and to the industry at large,” said Jack Klues, chairman of Publicis Group Media, of which SMG is a part.

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