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Tim Lindsay is quitting as Lowe Worldwide's president with no job to go to.
The 47-year-old Lowe stalwart will bow out during the next few months, ending a professional relationship with Jerry Judge, the worldwide chief executive, that stretches back more than 25 years.
He will not be directly replaced. Instead, Ian Creasey, the president of the Asia-Pacific region, will move to London in January to take on the previously unfilled role of regional president for Europe, the Middle East and Africa.
As a result, Judge will take a more 'hands-on' role in adapting and streamlining the network to meet changing client demands.
Lindsay's departure marks a further diminishing of the Lowe 'old guard'.
In June Paul Hammersley, the British-born chief executive of Lowe in New York, resigned after a power struggle and in September the group's founder, Sir Frank Lowe, announced his retirement.
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