Adweek reported David Jones relinquished his Global CEO position at Havas, and Yannick Bolloré will inherit the title. Yannick Bolloré is the son of Havas investor Vincent Bolloré, making the move a continuation of the nepotism that fuels the organization. Wonder how new Havas Worldwide CEO Andrew Benett—with his self-appointed expertise on talent—would explain Bolloré’s promotion.
David Jones Exits Havas
Bolloré, Benett replace him at holding company, ad agency
By Noreen O’Leary
David Jones is out as global CEO at the Havas holding company and its namesake ad agency.
At the holding company, Jones will be succeeded by Yannick Bolloré, the son of Havas investor Vincent Bolloré, as global CEO. And, at ad agency Havas Worldwide, global co-president Andrew Benett becomes CEO.
The Paris-based holding company said Jones, who became CEO of Havas Worldwide in 2009 and then took the helm of the holding company in 2011, will become co-founder and chief of an undisclosed tech start-up launching next month. He will be retained as an advisor to Havas throughout 2014.
The changes come in the wake of a power struggle between Jones and Benett in recent months amid speculation Benett was going over Jones’ head to establish a direct relationship with Bolloré, whose father named him as his successor as chairman in August.