TVNewser TVSpy LostRemote SocialTimes AllFacebook FishbowlNY FishbowlDC PRNewser 10,000 Words GalleyCat UnBeige MediaJobsDaily

Publicis Chief Maurice Levy to Step Down in 2011

Maurice-Levy-001.jpg

MediaGuardian.co.uk. got the scoop on Publicis CEO Maurice Lévy‘s impending departure &#151 which they’ve confirmed with the man himself.

“‘My contract is finishing at the end of 2011 and you can say that I will not be seeking a new term,’ said Lévy, speaking to MediaGuardian.co.uk. ‘There are strong candidates [inside Publicis Groupe] but it will be up to the board to make the decision and choose. As far as I’m concerned what I can do is make a recommendation which I will do.’”

Levy, who has been with the company 40 years, has spent the last 20 in the top seat. He’ll step back in 2011, when he may or may not stay on in an advisory role. A successor has not been chosen.

More:Franklin Tipton Leaving Goodby for Publicis Mojo

Mediabistro Course

Management 101

Management 101Become a better manager in our new online boot camp, Management 101! Starting October 27, MediabistroEDU instructors will teach you the best practices for being a manager, including, how to transition into a management role, navigate different team personalities and more! Register before September 30 to get $50 OFF with early bird pricing. Register now!