Updated: Lowe Names Wall Global CEO

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NEW YORK Interpublic Group’s Lowe today confirmed the hiring of Michael Wall as its global CEO.

The move was expected. Adweek.com on June 3 reported that talks between Wall and Lowe concerning the post had reached the advanced stage.

Wall had most recently been CEO of BBDO Portugal, but he left that job in March after about a year. He is also a former president of Fallon’s international operations.

At Lowe, Wall succeeds Stephen Gatfield, a transplant from parent IPG, who has held the top post for three years — a timeframe that was predetermined in his contract.

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