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•1997: Bates de-merger with Saatchi takes place at end of year
•1998: CCG CEO Michael Bungey and North American CEO Bill Whitehead bundle Bates’ below-the-line functions under the 141 banner
•2000: CCG acquires Lighthouse in July, the height of the market, for $421 million
•2000: Whitehead named president and COO of Bates Worldwide in September
•2001: CCG revenues decline 8 percent for the year; net debt rises to nearly $250 million
•2001: CCG writes down Lighthouse acquisition
•2001: 141 becomes Allied Domecq’s global marketing agency in October
•2002: David Hearn joins as Bates Worldwide CEO; George Patter son Bates CEO heir apparent Hamish McLennan resigns in April
•2002: Ian Smith becomes regional pres ident of Bates Asia Pacific; Toby Hoare appointed regional president of Bates Europe in April
•2002: Bates loses $160 million Hyundai media account in January, creative in May
•2002: Bill Whitehead becomes regional president of the Americas in April, resigns in May
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