Y&R SHIFTS TOP EXECUTIVES

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(May 17, 2001) -- WPP Group's Young & Rubicam today is expected to announce several executive shifts. Ron Bess, CEO of Y&R's Diversified Communications Group, moves to chairman-CEO of Y&R New York. Current New York Chairman-CEO Stephanie Kugelman will become worldwide vice chairman-chief strategic officer of Y&R Advertising, according to executives close to the situation. Mr. Bess, formerly president of True North Communications' FCB Worldwide, Chicago, joined Y&R in 1999. Ms. Kugelman has been with Y&R since 1971. The executive changes will be effective June 1. -- Laura Petrecca

Copyright May 2001, Crain Communications Inc.

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