After 32 years of service, the global chairman and chief executive of Ogilvy, Miles Young to step down by Sep 2016 to pursue an academic job in New College at Oxford University.
Miles Young ran the Asia Pacific region during a 13-year period of expansive growth and was tipped to succeed Sir Martin Sorrell at the helm of WPP, has accepted a role as chief academic administrator at New College, Oxford, where he went to university.
Ogilvy boss Miles Young to step down from his role next year to take up the position of Warden of his alma mater, New College at Oxford University. This appointment becomes effective September 2016. Until then, he continues in his current role at Ogilvy & Mather. Upon taking up his new position at Oxford, he will remain working closely with both Ogilvy and parent company, WPP, on a non-executive basis.
Mr. Young, 61, assumed the role of Global CEO in 2009 and his current role of Chairman in July 2012. For the past six years he has led Ogilvy & Mather Worldwide to be the most effective and creative agency network in the world as recognized by the prestigious Cannes Lions International Festival of Creativity and the Global Effie Effectiveness Index.
Miles Young commented, “This was a difficult decision, but the attraction of moving to a senior academic position in the UK was very great. Ogilvy & Mather and WPP have been part of my life for 32 years, and the intention is not to part company, but to be available to advise and consult, which I look forward to doing. My succession will be announced in due course. In the meantime it is business as usual.”
