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NEW YORK Lowe Worldwide has hired Tony Wright as president and chief executive officer, replacing current CEO Jerry Judge, Lowe parent Interpublic Group has confirmed.
Wright, 43, worldwide chief strategy officer at WPP’s Ogilvy & Mather, will join IPG’s Lowe after weeks of negotiations [Adweek, Aug. 9].
Judge, 54, Lowe’s chief executive since 2001, continues in his role as president and CEO of The Partnership, the broader IPG division comprising Lowe, Draft and other shops. Judge is expected to leave IPG at the end of the year, when The Partnership’s corporate structure will likely be dissolved, sources said.
“We’re
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