WPP's 24/7 in CEO Shuffle

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WPP Group is changing leadership at its 24/7 Real Media unit, with founder and current chairman David Moore returning to the CEO slot.
 
Moore (pictured) replaces Jonathan Hsu, who succeeded Moore as CEO in July 2008. Hsu, a 10-year 24/7 veteran, is departing WPP to serve as CEO of RecycleBank, a company that uses a reward system to encourage environmental activity.
 
WPP bought 24/7 for $649 million in May 2007, signaling a shift in the holding company’s structure to include a broader technology component.
 
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