Havas Changes May Be No Change at All

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NEW YORK Even as Havas released disappointing results last week, dragged down in part by costs related to the ouster of its former chief executive, the Paris holding company installed another CEO, its second in nine months.

On Friday, Havas’ board approved the appointment of Fernando Rodés Vila as the company’s chief executive, as expected. Rodés, the 46-year-old head of Havas’ MPG media operations, succeeds Philippe Wahl, a banker whom Havas investor and chairman Vincent Bolloré appointed last summer after he failed to lure TBWA Worldwide CEO Jean-Marie Dru to the job.

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