Grey Global Group delays Blamer's move to Interpublic

Be the first to comment

NEW YORK - Grey Worldwide North America chief executive Steve Blamer is being forced to delay his defection to Interpublic's Foote Cone & Belding and see out his contract in full, according to reports.

An internal memo sent by Grey Global CEO Ed Meyer has said that Blamer will remain at Grey until his contract expires on June 15, according to a report in The Wall Street Journal.

The newspaper reports that Blamer will remain as a Grey employee, although he will no longer handle day-to-day responsibilities.

Grey Global has long been reluctant to let go of Blamer, with Interpublic first attempting to poach him in December 2003. That time, Grey managed to lure him back with the promotion to the current role.

However, a year later it was revealed that Blamer was leaving for Interpublic, to take up the role of chief executive of FCB. He was expected to join in January this year.

If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the Forum here.

Tags

SUBSCRIBE TO CAMPAIGN

Only £49 for 3 months

Includes every print & iPad edition, plus full access to Campaign online and other Brand Republic sites

SUBSCRIBE

Campaign Jobs

Thousands of jobs across advertising, creative, marketing and media

Just published