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DALLAS TM Advertising chairman and chief creative officer Jim Ferguson will step aside as head of the troubled Interpublic Group agency, the shop has confirmed.
President Tom Hansen will run the agency; TM has not determined if it will name a CCO. Currently, a tier of executive creative directors works under Ferguson.
Ferguson, 52, will remain at the agency in the newly created post of executive creative officer.
Ferguson hired Hansen, 49, as chief marketing officer in 2004, and promoted him to president when David Lyon left in November to join the Lance Armstrong Foundation.
Hansen
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