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Even as Interpublic Group’s David Bell hands over the CEO position to Michael Roth, he still stands to earn a bigger monthly paycheck.
The 61-year-old Bell, who signed a new one-year IPG contract last month to replace his multi-year pre-existing pact with True North, is earning a base salary of $1 million per year.
That compares with $950,000 a year, in base salary, for Roth, 59, who is still subject to the terms of the contract he signed in July when he became executive vice chairman at IPG.
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