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TN’s Engel, Blaine Tender Resignations
CHICAGO–Mitch Engel, president of True North Communications’ Associated Communications Cos. and corporate operations, announced his resignation, effective next month. He will stay on as a consultant for a short time after that. A 23-year veteran of the agency, Engel acknowledged his role overseeing TN’s agency holdings other than Foote, Cone & Belding was changing due to the merger with Bozell, Jacobs, Kenyon & Eckhardt. But he said terms of that deal also provided an attractive “golden parachute” exit package that he has chosen to exercise “with no complaints.”

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