Publicis Lines Up Candidates to Succeed Maurice Lévy

Financial Times: Publicis has taken the clearest step yet towards choosing Maurice Lévy’s successor, in effect naming a shortlist of candidates to replace the man who has led the advertising group for 28 years. The company will create four divisions, handing expanded roles to four of its leading executives. All four — Laura Desmond, Alan Herrick, Steve King and Arthur Sadoun — are members of what Publicis calls its expanded executive board or “directoire +”. It is widely expected that one of them will replace the 73-year-old Lévy as group chief executive.