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Lowe Founder Frank Lowe Exits as Others Add Duties

NEW YORK After a year as a consultant to the agency he started in 1981, Lowe founder Frank Lowe is severing ties to the operation and assuming the honorary title of chairman emeritus, the agency said last week. Lowe, 63, became a consultant to the IPG shop and its Octagon sports- marketing unit in January, after relinquishing his previous worldwide titles of chairman and CEO. His one-year contract, which pays $250,000 and expires Dec.

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