Fudge Prepares to Exit Y&R

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NEW YORK Ann Fudge, chairman and CEO of Young & Rubicam Brands, is vacating that role nearly six months after Hamish McLennan replaced her as worldwide CEO of Y&R. She’s expected to leave on Dec. 31.

Fudge, 55, a former division president at Kraft Foods, joined the WPP Group agency network in May 2003 to lead both Y&R and Y&R Brands, a multidisciplinary group that includes Y&R, Wunderman, Burson-Marsteller, Landor Associates and Sudler & Hennessey.

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