FCB Taps Y&R Exec

Young & Rubicam executive Kim Corrigan has joined Foote, Cone & Belding as evp, worldwide account director to run the estimated $50 million J.P. Morgan Chase business.

Corrigan, 43, previ ously was evp, managing partner at Y&R in New York, working on Met Life and Fisher Price. She replaces evp, worldwide account director Bill McDonough on J.P. Morgan Chase. McDonough will focus on domestic and global new business.

Corrigan reports di rectly to FCB New York president and CEO Jeff Tarakajian, as well as vice chairman worldwide Charlie Taney. Tarakajian and Corrigan have known each other since they worked at competing agencies on the Mennen account in the mid-1980s. (Corrigan was at McCann-Erickson in New York, and Tarakajian worked at Lintas: SSC&B in New York.)

Corrigan “is capable of building strong client relationships around effective and interesting advertising,” said Tarakajian. He cited Y&R’s “Have you met life today?” campaign for MetLife as an example.

FCB New York handles MetLife’s institutional business. Y&R handles brand and consumer advertising.

Besides J.P. Morgan Chase, FCB New York’s client roster also includes Kraft Foods, Samsung, Merck, Eli Lilly and the Internal Revenue Service. FCB New York claims $1.5 billion in billings and has 625 staffers.

The shop won the Chase Manhattan account in May 1998, fol lowing a review. The J.P. Morgan business was consolidated there in April 2001 after the two companies merged.