McCann steps down as global CEO of Starcom MediaVest Group

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Renetta McCann announced today that she will immediately vacate her position as global CEO of Starcom MediaVest Group.

Laura Desmond, who is CEO of SMG/The Americas, will assume McCann's title.

As of January 1, 2009, McCann plans to take a one-year sabbatical from SMG and the marketing communications industry, according to the company. In a statement, McCann said that she would like to give her family and personal goals her “full attention.”

“While the family matters are private, one of my personal goals is to uncover some new ways of thinking about talent/opportunity alignment, specifically which triggers, emotions and assignments can more quickly propel the right people into the best roles,” she said in the statement. “In the next six months, I will apply myself as needed to transition Laura to her new role, and I will take on some talent-related projects at the Groupe level.”

McCann has been global CEO since 2005. Before that, she was CEO of SMG/The Americas.

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