Art D’Angelo informed the Cordiant board of his intention to resign, in order to take up another post in the advertising sector.
His position will be taken up by Andy Boland, currently the deputy finance director, who has been with company since 1997. He will also join the Cordiant board from 1 January 2003.
D’Angelo will remain on the board until the end of the year, working closely with Boland during the transition period.
Charlie Scott, Cordiant’s chairman, commented: ‘As deputy finance director, Andy has been groomed for this job for some time, and we are confident that the transition will be seamless given Andy’s in-depth knowledge and experience of the Group.’
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