Client Exec Launches New Era at Y&R

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Bounding out of an elevator in the lobby of Young & Rubicam’s New York headquarters, worldwide CEO Ann Fudge was all smiles last Tuesday. As she headed into her first big meeting with staffers, she was an energized politician ready for a new role—her first job at an ad agency—and for the overflow crowd of about 300 that had been stunned by the change of guard announced the day before.

Inside the meeting room, a whir of chatter simmered down when outgoing CEO Mike Dolan spoke positively—albeit haltingly—about the move.

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