NEW YORK The board of directors of the American Association of Advertising Agencies today confirmed the appointment of former Lowe North American CEO Nancy Hill as president and CEO of the 4A's.Hill, 49, succeeds O. Burtch Drake and becomes the ninth CEO in the association's 91-year history. Her appointment, which was recommended by a committee of the 4A's, ends a search process that began last spring.
Drake, who has held the top post since 1994, said, in a statement, "I am confident that Nancy's experience leading a variety of agencies in a complex and increasingly digital world will greatly benefit the evolving needs of 4A's members."
The hire takes effect Friday, and Drake, 66, will leave office, after a transition period, on March 31.
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