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NEW YORK Frank Lowe, the founder and former global chairman of Interpublic Group’s Lowe, is starting a new agency, according to sources.
Paul Weinberger, chairman of Lowe’s London office and top executive on its pan-European Tesco account, has resigned, and is expected to become one of several partners at Frank Lowe’s startup, sources said.
Neither Weinberger nor Frank Lowe could immediately be reached. Executives at Lowe declined comment.
Tesco, a retail concern and one of the top-spending marketers in the U.K.,
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