Interpublic Group Announces CFO Transition
- Frank Mergenthaler, Executive Vice President and Chief Financial Officer of
Interpublic Groupsince August 2005, to retire effective December 31, 2019
- Ellen Johnson, currently Senior Vice President of Finance and Treasurer of
Interpublic Group, and Global Chief Financial Officer of IPG Mediabrands, to become Interpublic’s Executive Vice President and Chief Financial Officer on January 1, 2020
- Transition of experienced and accomplished leaders demonstrates the company’s depth of talent and thoughtful long-term succession planning
Mr. Mergenthaler became IPG’s Chief Financial Officer in
“Frank’s outstanding record of achievement and value-creation has benefitted our clients, our people and our shareholders. He has played a crucial role in the development and execution of our success over his decade and a half with Interpublic,” said Michael Roth, IPG’s Chairman and CEO. “Along with his many contributions in helping to lead our company to the top rank of our industry across nearly all performance metrics, Frank has built a very strong team of financial leaders within our organization. I personally want to thank him for being a trusted partner, and for his dedication and commitment,” Mr. Roth continued.
The company also announced that Ellen Johnson, currently the company’s Senior Vice President of Finance and Treasurer, and Global Chief Financial Officer of IPG Mediabrands, will succeed Mr. Mergenthaler, to become Interpublic’s Executive Vice President and Chief Financial Officer on
“Ellen’s experience, leadership and success in key financial and business roles, both at IPG and at our operating units, position her extraordinarily well to build on the strong business and financial results we’ve delivered over the last several years,” said Mr. Roth. “We congratulate Ellen, who becomes the first woman CFO of a global holding company in our industry’s history, and look forward to a smooth executive transition.”
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Interpublic is values-based, data-fueled, and creatively-driven. Major global brands include Acxiom, Craft, FCB (Foote, Cone & Belding), FutureBrand, Golin, Huge, Initiative, Jack Morton, MAGNA, McCann, Momentum, MRM//McCann,
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Source: Interpublic Group of Companies, Inc.