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Sean Orr, whose four-year reign as the finance chief of Interpublic has been dogged by serious financial embarrassment, is to quit.
The debt-laden company announced on Wednesday that Orr would leave his job as the chief financial officer at the end of August. He will be succeeded by Chris Coughlin, the chief operating officer.
The news of his departure prompted an 11-cent rise in IPG's share price to dollars 13.32 and comes less than a month after it emerged that ...