2 IPG Minneapolis Execs to Retire

CHICAGO Campbell Mithun chairman Bill Dunlap will retire from the agency in June, while Carmichael Lynch promoted Mark Feriancek to chief financial officer and managing partner, replacing Charlie Anderson, who is also retiring.

Dunlap, 65, has been with the Interpublic Group shop in Minneapolis since 1981, when he joined as president, and has been chairman since 1985. He will continue to consult with president and chief financial officer Les Mouser as chairman emeritus.

The retirement had been expected. Dunlap relinquished the CEO title to Mouser in March 2001, taking a step back from day-to-day management. Over his career, Dunlap worked in both the public and private sectors. He began his career at Procter & Gamble in Cincinnati and in 1970 was named the youngest U.S. Assistant Postmaster General in history under president Richard Nixon.

Anderson, 51, had held the CFO and managing partner position at IPG’s Carmichael Lynch in Minneapolis for 17 years; he had announced his decision to retire last year.

Feriancek joined the agency last May and has been working with Anderson over the past year as part of the transition. A CPA by training, Feriancek was an audit manager on CL’s account when he was at Ernst & Young from 1987-90. After E&Y, he worked for Pillsbury Corp. until 2000. He was CFO of Plasmon Corp. in Denver for two years before joining CL.

Feriancek, 41, becomes one of four managing partners at the $285 million agency. Other partners are: CEO Lee Lynch, chairman and chief creative officer Jack Supple and president John Colasanti.