O&M Worldwide Chairman and CEO Miles Young to retire in second half of 2016
Ogilvy & Mather today announced that Miles Young, Worldwide Chairman and CEO of Ogilvy & Mather, will be retiring from this role next year to take up the position of Warden of his alma mater, New College at Oxford University. This appointment becomes effective September 2016. Until then, he continues in his current role at Ogilvy & Mather. Upon taking up his new position at Oxford, he will remain working closely with both Ogilvy and parent company, WPP, on a non-executive basis.
Mr. Young commented, "This was a difficult decision, but the attraction of moving to a senior academic position in the UK was very great. Ogilvy & Mather and WPP have been part of my life for 32 years, and the intention is not to part company, but to be available to advise and consult, which I look forward to doing. My succession will be announced in due course. In the meantime it is business as usual."