Scott to step down at Saatchi & Saatchi
Mr Scott is to give up his role as chairman of Saatchi & Saatchi at the end of the year. He will be succeeded by Bob Seelert, the advertising group's current chief executive.
Mr Scott will continue in his role as chairman of Cordiant Communications Group, the company from which Saatchi & Saatchi was spun off last year. "It's a natural evolution for the company," said Mr Seelert, who is taking a part-time role.
The Saatchis were forced to leave Saatchi & Saatchi - as the entire company was then called - after institutional shareholders balked at their pay packages. They set up a new agency called M&C Saatchi and forced Saatchi & Saatchi to pay for continuing to use their names.
Kevin Roberts, chief executive of the Saatchi & Saatchi advertising business, will become chief executive of the group. Finance director Bill Cochrane is promoted to the board as chief financial officer.
Have shock jocks gone too far?
Former Google exec says he has 100,000 emails showing how 'immoral' company avoids paying UK tax
Notes from a small island: Is Sealand an independent 'micronation' or an illegal fortress?
British man confesses to slitting two children's throats in Lyon flat
'Swivel-gate': David Cameron goes to war with the press over 'swivel-eyed loons' slur
- 1 Asteroid nine times the size of the QE2 liner to sail pass Earth
- 2 Notes from a small island: Is Sealand an independent 'micronation' or an illegal fortress?
- 3 British business: We need to stay in the EU - or risk losing up to £92bn a year
- 4 You thought Ryanair's attendants had it bad? Wait 'til you hear about their pilots
- 5 It’s official: thanks to Stephen Hawking's Israel boycott, anti-Semitism is no more
BMF is the UK’s biggest and best loved outdoor fitness classes
Find out what The Independent's resident travel expert has to say about one of the most beautiful small cities in the world
Win anything from gadgets to five-star holidays on our competitions and offers page.
iJobs Money & Business
£550 - £600 per day: Orgtel: Fidessa Analyst / PM - Banking - London - Up to £...
£450 - £500 per day: Orgtel: Sourcing Manager - Banking - London - Up to £500p...
To be discussed at interview.: Queen Elizabeth's School: An experienced and ef...
£294.05 - £330.92 per day + 150 per day travel and accommodation: Orgtel: A le...