INTERPUBLIC NAMES CHIEF RISK OFFICER

Thomas Dowling to Report to CFO, Board on Financial Matters

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NEW YORK (AdAge.com) -- Interpublic Group of Cos. named Thomas Dowling chief risk officer, in charge of functions including internal audit and compliance activities.

Mr. Dowling, formerly senior

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vice president of financial administration, will continue to report to Chief Financial Officer Sean Orr, but will also report to the board of directors on matters involving Interpublic's financial controls.

The appointment is one of several steps outlined last month by Mr. Orr and Chairman-CEO John Dooner in order to avoid another accounting imbalance after a $181.3 million restatement of earnings.

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