• Photo Finish: Beaven Leaves Initiative In Latest Mediabrands Reorg
    Richard Beaven, once seen as the logical choice to run Interpublic's Mediabrands operations, is out as Worldwide CEO of its Initiative unit. The company said he decided to step down to "pursue creative and business opportunities in documentary photography." Jim Hytner, who has been head of sister network UM's "G-14" operations, was named to succeed him as Worldwide CEO of Initiative.
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