NEW YORK Mark Dowley, chairman and chief executive of Interpublic Group's Sports & Entertainment Group, has confirmed that he accepted a senior marketing position with the talent agency Endeavor in New York.
Dowley, a former vice chairman at McCann-Erickson WorldGroup, became head of the IPG sports group last year.
His IPG post is expected to be dissolved as the parent company moves to dismantle the group and realign its assignments among other agency divisions [Adweek, Sept. 8]. The move is part of IPG chief operating officer Chris Coughlin's effort to consolidate services and cut costs.
Dowley said his new position at Endeavor, a Beverly Hills, Calif.-based talent agency, becomes effective in late October and involves establishing a New York office. Endeavor's corporate clients include Sony.