Manning Gottlieb Media has appointed 28-year-old Matt James managing director to act as a link between the partners and the trading floor.
James now sits alongside the agency's two managing partners Nick Manning and Colin Gottlieb, the board directors Robert Ffitch and Hilary Taylor, and the brand communications director Alison Wright.
James will also chair the operational board, which comprises Wright, broadcast director John McGeough and board directors Jon Gittings, Sally Dickerson and Patrick Morrison.
'The managing director's role is a crucial one that links the two boards,' said James.
The partners have an external focus, concentrating their attention on clients, strategy and MGM's relationship with sister agency OMD.
The operational board has been established to manage operations and the strategy process.
'The new structure and the recent appointments have created a structure of empowerment,' said James. 'Everyone can contribute to our client business and to MGM - we hope this will encourage purposefulness.'
MGM restructured its middle management team last month, announcing a series of promotions (Media Business, 18 September).
Gottlieb said the partners had appointed James to ensure there was an element of succession at the agency. He said James would ensure MGM would not lose its sense of fun, creativity and ability to experiment.
'Matt will be the focal point of the agency - he is bright and ambitious.
He wants the opportunity to drive the business forward and has a great combination of youth and skill,' he added.
James started his career as a TV buyer at Ogilvy & Mather in 1990. He reported to group head Steve Venes, who is now TV buying director at John Ayling & Associates.
In 1992, James left O&M to join CIA Billett & Company, where he worked as a senior planner/buyer.
In 1994, he was promoted to group manager and in 1996 - at the age of 24 - he was appointed to the board.
James left CIA in 1997 to join MGM as a board director working on Virgin.