Young will step down in August 2016 after 32 years at the agency. For the past six years he has led O&M Worldwide to be the most effective and creative agency network in the world
BestMediaInfo Bureau | Delhi | June 18, 2015
Ogilvy & Mather yesterday announced in New York 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. The appointment becomes effective September 2016.
Until then, Young 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.
Young, 61, has spent 32 years at Ogilvy & Mather, starting in the London office. He became Chairman of Ogilvy & Mather Asia Pacific in 1995 where he spent 13 years building Asia Pacific into O&M's fastest growing region. He assumed the role of Global CEO in 2009 and his current role of Chairman in July 2012. For the past six years he has led Ogilvy & Mather Worldwide to be the most effective and creative agency network in the world as recognized by the prestigious Cannes Lions International Festival of Creativity and the Global Effie Effectiveness Index.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."