NEW YORK (Adage.com) -- Carmichael Lynch CEO John Colasanti is leaving the Minneapolis ad agency after 15 years. He departs the Interpublic Group of Cos.-owned agency after a solid new-business run in the past year.
While the agency lost one of its most high-profile clients, Porsche Cars North America, in 2007, it rebounded by grabbing the larger Subaru creative and media account from Omnicom Group's DDB, and later adding the digital component that had been at hot shop R/GA, an Interpublic sibling.
The agency has also recently added the fastest-growing restaurant chain, Noodles & Co., and craft-beer icon Sierra Nevada to its client roster.
In a statement, Mr. Colasanti, 49, said he was considering brand-marketing opportunities outside of the agency.
"This spring I plan to catch my breath and make up for lost time with my family before diving into my next professional challenge," Mr. Colasanti said. "The decision to leave [Carmichael-Lynch] was extremely difficult, but it's absolutely the right time for me to do this."
Mr. Colasanti's leadership responsibilities will be assumed by the agency's chief creative officer, Mike Lescarbeau, and its chief financial officer, Mark Feriancek.
Carmichael Lynch's other clients include Harley-Davidson and Jack Link's Beef Jerky.