Adweek- Grey Announces Promotion of Michael Houston to Worldwide CEO Adweek- Grey Announces Promotion of Michael Houston
Jim Heekin will be executive chairman
By Patrick Coffee | August 1, 2017
WPP’s Grey Group today announced its most significant leadership change in more than a decade, promoting Michael Houston to the global chief executive officer role.
Houston will oversee all of the network’s 430-plus offices and approximately 6,500 employees around the world. His predecessor Jim Heekin, who became CEO of Grey Group in 2005 and chairman the following year, will step into the executive chairman role, effective immediately.
The news comes on Grey’s centennial. Larry Valenstein and Arthur Fatt started the company as Grey Studios in August 1917.
“One hundred years ago today, Grey opened its doors in New York,” wrote Heekin in a memo that went out to all staff this morning. “The Centennial has been a time to reflect on our extraordinary journey and look to the future. As we celebrate our anniversary, and a decade of record growth and creative performance, the time is right for the elevation of a new generation.”
Heekin went on to praise Houston’s “personal qualities and business achievements,” adding, “It has been a pleasure to watch him grow to become one of our most dynamic and talented leaders. He has an innate ability to bring out the best in people, both his colleagues and clients alike.”
Aug 1, 2017