Mr. Bostock, 56, will remain chairman-CEO of the MacManus Group, the parent company created last year that owns DMB&B, N.W. Ayer & Partners, Medicus Group and other holdings. He said he will remain "very involved" in DMB&B.
"I'm going to focus more on certain clients, such as Procter & Gamble, Mars, General Motors, Southwestern Bell and Philips," Mr. Bostock said. "This is very definitely not a first step into retirement."
The main objective of the switch is to create a bigger management team at the top, Mr. Bostock said. In addition to promoting Mr. Selkowitz, 53, DMB&B elevated two younger executives, John Farrell and Johan Hofstra, to new positions. Mr. Farrell, 39, will move into Mr. Selkowitz's current post as president of DMB&B North America, from group chairman in the United Kingdom. Mr. Hofstra, 38, will become president-Europe, the Middle East and Africa, from regional managing director-Northern Europe. In his new role, Mr. Hofstra will take over from Mr. Bostock, who has been running European operations in place of Jean Jabes, who died after a long illness last year.
Copyright February 1997, Crain Communications Inc.