Connors III May Head IPG Spinoff

John Connors III is being considered by the Interpublic Group of Cos. to head a business unit comprising its various Internet-related agency holdings.
The 32-year-old son of Hill, Holliday, Connors, Cosmopulos chairman and chief executive Jack Connors is one of two candidates under consideration to manage the unit that may be spun off and traded separately, a source said. The younger Connors has been key to building Hill, Holliday’s interactive business.
What is driving the plan is not a desire to create a second publicly traded entity, but “to build enough volume and resources to service clients in a meaningful way,” the source said.