TIERNEY STEPS DOWN AS PRESIDENT-CEO

Will Remain as Founder-Chairman of Tierney Communications

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NEW YORK (AdAge.com) -- Brian Tierney, founder, president and CEO of Intepublic Group of Cos.' Tierney Communications, Philadelphia, will relinquish his titles as president-CEO effective April 15 to become founder-chairman.

Management of the firm will be handled by Tony DeGregorio, Scott Franks and Mary Stengel Austen, who together will constitute the office of chief executive officers.

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