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IPG Fills New Chief Risk Officer Post

NEW YORK—Interpublic Group has elevated svp, financial administration Thomas Dowling to chief risk officer, a new post. Dowling, 51, will lead the integration of the company’s risk-management functions, including internal audit, real estate insurance and shared services. Previously, he reported to IPG CFO Sean Orr. In Dowling’s new role, he reports to both Orr and—on financial-controls matters—the company’s board of directors. IPG, beset this year by a ballooning accounting imbalance and earnings shortfalls, said the move was designed to strengthen corporate governance.

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