Kerr, 65, was chairman and CEO of Meredith. He stepped down in July in a planned succession, after eight years leading the media and marketing company, which publishes magazines and books and operates television broadcasting, integrated marketing and interactive media units. Prior to earning the top job, Kerr was president and chief operating officer. He has been a member of the Meredith Board of Directors since 1998.
Before joining the Meredith Corporation in 1991, Kerr was a vice president of The New York Times Company and president of its magazine group, a position he held since 1984. He also served as the head of strategic planning and corporate development at The New York Times and as President of its Books and Information Group. Previously, Kerr held senior posts with Dillon, Read & Co., and McKinsey and Company, where he specialized in financial institutions and media companies. "Bill Kerr is a terrific addition to our board," said Michael I. Roth, Interpublic's chairman and CEO, in a statement. "During the course of his career, Bill has successfully led a broad range of organizations. Now, more than ever, media is a key component of the marketing programs we develop for our clients. Bill's deep understanding of the dynamic media landscape will bring important perspective to our Board as we chart the future direction for Interpublic.