Jones to step down as CEO of JWT

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J. Walter Thompson Co. CEO Chris Jones is leaving the agency due to health concerns, according to an executive close to the situation. Mr. Jones, CEO since 1996, has had difficulties with blood clots, though at deadline the exact nature of his health situation was unknown. Peter Schweitzer, president of WPP Group-owned J. Walter Thompson, is expected to succeed Mr. Jones, though Mr. Schweitzer will remain in Detroit. Mr. Jones has been based in New York. A J. Walter Thompson spokesperson didn't immediately return calls seeking comment.

Copyright January 2001, Crain Communications Inc.

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