Lowe’s Lindsay to Depart as Creasey Advances

NEW YORK Tim Lindsay, worldwide president of Lowe since 2001, is leaving the Interpublic Group agency, Lowe worldwide chief executive Jerry Judge has confirmed.

Lindsay, who is based in London, resigned last week but is expected to remain with the shop at least through the end of the year, said Judge. “Apart from being a valued colleague, he’s a close personal friend and we will miss him,” Judge said, adding, “Everybody has a right to take a pace back and consider their career.”

Lindsay, 47, said in a statement: “After nearly 25 years in the ad business, 12 of which have been at Lowe, I’ve reached a point in my life where I’d simply like to be free to explore other opportunities.”

Judge said his post will not be filled, noting that he was promoting an executive to oversee Europe, the Middle East and Africa, which was a big part of Lindsay’s job. Ian Creasey, 44, president of Lowe’s Asia-Pacific region, in January will become president for Europe, the Middle East and Africa. His successor will be named shortly.

Before being promoted to the global role, Lindsay oversaw Europe as president of that region. He was president of Europe from 1999 to 2001.