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O&M Worldwide Chairman and CEO Miles Young to retire in second half of 2016

Young will become the next Warden of New College at Oxford University

New York, N.Y., June 17 – Ogilvy & Mather today announced that Miles Young, Worldwide Chairman and CEO of Ogilvy & Mather, will be retiring from this 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, has spent 32 years at Ogilvy & Mather, starting in the London office. He became Chairman of Ogilvy & Mather Asia Pacific in 1995 where he spent 13 years building Asia Pacific into O&M’s fastest growing region. He 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.

Mr. 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.”

June 17, 2015

About Ogilvy & Mather

Ogilvy is one of the largest marketing communications companies in the world. It was named the Cannes Lions Network of the Year for five consecutive years, 2012, 2013, 2014, 2015 and 2016; the EFFIEs World's Most Effective Agency Network in 2012, 2013 and 2016; and Adweek's Global Agency of the Year in 2016. The company is comprised of industry leading units in the following disciplines: advertising; public relations and public affairs; branding and identity; shopper and retail marketing; health care communications; direct, digital, promotion and relationship marketing; consulting, research and analytics; branded content and entertainment; and specialist communications. O&M services Fortune Global 500 companies as well as local businesses through its network of more than 500 offices in 126 countries. It is a WPP company (NASDAQ: WPPGY). For more information, visit http://www.ogilvy.com/, or follow Ogilvy on Twitter at @Ogilvy and on Facebook.com/Ogilvy.

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