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NEW YORK Renetta McCann, global CEO of Starcom MediaVest Group, is stepping down and will be succeeded by Laura Desmond, CEO of SMG The Americas, effective immediately, the Publicis-owned media agency network confirmed today.
McCann, a 30-year veteran of SMG, plans to take a one-year sabbatical from the company starting Jan. 1, 2009. Until that time, she will work on talent-related group-level projects and continue to report to Jack Klues, chairman of Publicis Groupe Media. Desmond, who had reported to McCann, now reports to Klues.
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