Sloves' Succession Plan Still Unclear

The naming of Bob Kantor as U.S. president of Lowe & Partners/SMS leaves the successor to co-chairman Marvin Sloves as the final question mark in the agency’s senior management lineup.
Kantor, previously Publicis in New York’s chief executive, will report to both Sloves and Lee Garfinkel, co-chairman and chief creative officer. He will be based at Lowe in New York starting Aug. 17 and will oversee the $750 million agency, which also has an office in San Francisco.
But Kantor’s appointment does not necessarily make him the heir apparent to Sloves, 64, whose retirement and succession plan have been the source of much speculation.