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A clear succession plan is one of the factors that investors examine in any new public company. Y&R Inc. chairman Peter Georgescu, 58, directly addressed that issue last November by promoting Ed Vick to the long-vacant post of chief operating officer for Y&R Inc. Vick, 53, already holds the positions of worldwide chairman and chief executive for Y&R Advertising and chairman and chief executive for the Y&R/WCJ Partnership, the financial entity that combines the ad agency and direct marketing specialist Wunderman Cato Johnson.
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