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IPG veteran Philippe Krakowsky, who was named chief operating officer of the holding company just last year, will become CEO at the start of 2021. He takes over from Michael Roth, who has led the company for the past 15 years.
Krakowsky has been with IPG for 18 years. Prior to becoming COO, he served as chief talent officer and chief strategy officer. He’s also chairman of IPG Mediabrands, the company’s 13,000-person media agency.
“Philippe is the right CEO for the next era at IPG,” Roth said in a statement.
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