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Hamish McLennan is to succeed Ann Fudge as the chief executive of Y&R Advertising.
McLennan, the former chairman and chief executive of Young & Rubicam Brands in Australia, will take over later this year. Fudge will remain as the chairman and chief executive of Y&R Brands, a unit that includes Wunderman and Burson-Marsteller.
McLennan's appointment follows an 18-month search after Fudge announced her plans to relinquish her leadership of the advertising network in 2005.
McLennan's wide-ranging remit will include kick-starting the network, working on Y&R's digital offering, prioritising new business and focusing on creative.
In the past two years, the network has seen the loss of its Jaguar, Sony Electronics and Burger King accounts. In January, the network also laid off 10 per ...