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Coughlin stands down as IPG's financial chief.(Interpublic Group of Companies Inc.)(Brief Article)
Interpublic's chief financial officer, Christopher Coughlin, has announced that he is retiring from the company.
Coughlin, 51, claimed he is leaving to 'spend more time with his family' but his departure has fuelled uncertainty about the company, which is also embroiled in a federal investigation regarding alleged accountancy irregularities.
Interpublic has acted swiftly to replace Coughlin, who had been at Interpublic for just one year. Robert Thompson, the senior-vice president, finance, has been drafted in as his replacement. Thompson, also 51, has been promoted to executive vice-president and chief financial officer and will report to IPG's president and chief executive, David Bell.
IPG also announced that Bell is relinquishing his role as chairman to Michael Roth, the chairman and chief executive of the financial services company ...
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