New York: Lowe Worldwide has announced that Steve Gatfield will be moving on from his current role of chief executive officer of Lowe Worldwide in April 2009 after his three year contract with the agency ends. He will continue as IPG’s executive vice president, Strategy and Network Operation and will focus on new ventures, emerging markets with close involvement in digital and new technologies.
Commenting on this move, Michael Roth CEO and chairman of the Board and director Interpublic Group of Companies, Inc. said “Lowe continues to make progress and has reclaimed its place as a global creative force. We have a strong and stable senior team at the agency and we have every confidence in their ability.”
During Gatfield’s tenure, Lowe Worldwide has re-established itself as one of the major communications groups in the world. Steve came to Interpublic in 2004 and in March 2006 was appointed CEO, Lowe Worldwide, where he leads the Global Management Team. In addition to strengthening Lowe’s footprint in key markets with acquisitions in France, USA, Brazil and India and new ventures in Spain, Germany and Australia, Steve led the acquisition of IPG’s outright ownership of the Lintas Group.