Minneapolis IPG shop Carmichael Lynch promoted Marcus Fischer to the role of chief executive officer, making him just the agency’s fourth CEO in its 55-year history.
Former CEO Mike Lescarbeau will stay with Carmichael Lynch in the role of executive chairman.
Fischer joined Carmichael Lynch in August of 2012 and previously served as president and chief strategy officer. Prior to re-joining the agency, he spent over four years as CEO of fellow Minneapolis agency space150, following an earlier five-year stint with Carmichael Lynch as an account planner.
According to a press release, Carmichael Lynch has had four years of consecutive double-digit revenue growth since Fischer re-joined the agency in 2012. Fischer’s promotion follows the agency naming two new managing partners last August, as well as the arrivals of chief strategy officer Lachlan Badenoch in October and three additions to its creative department the following month.
Moving forward, the creative agency will collaborate more directly with its PR sister shop, which rebranded itself from Spong to Carmichael Lynch Relate late last year.
“Marcus has been pivotal in building the momentum and success of Carmichael Lynch in recent years. He has proven his ability to successfully manage the business, while simultaneously inspiring the people around him,” Lescarbeau said in a statement. “In the last few years, Marcus has built a leadership team that is committed to collaboration and interdependence across disciplines to build a unique and unrivaled offering of advertising and PR under one roof, and I’m excited for the future of the agency under his leadership.”
“I’m honored to lead Carmichael Lynch and continue the energy we’ve built over the last few years,” added Fischer. “I am thankful for the team that has made this agency what it is today – a people-centric organization focused on business, culture and great creative work. We’ve made collaboration and integration pivotal to our offering.”