David Denham, chief strategy officer, will add the title of president, assuming day-to-day leadership of Space150; Marc Jensen, who had been president as well as chief technology officer, becomes managing partner and chief technology officer.
In short, to be accountable at every level for the way I.B.M. manages its chief currency, information.
"The uncertain economy and currency market volatility create an opportunity to continue to enhance productivity and manage costs," Chief Executive Daniel Vasella said.
Burgess himself appears to be more focused on Shockwave.com than on the parent company, whose day-to-day affairs are now being managed by Chief Operating Officer Brian Allum and Senior Vice President of Web Publishing Kevin Lynch.
Whitmarsh worked as head of operations, managing director and chief executive before taking over from Dennis as team principal in 2009.
And Francis J. Kelly III, 43, who had been managing partner and chief marketing officer at Arnold Communications, becomes president and chief operating officer at Arnold Worldwide.
Gustavo Lauria joined the Vidal Partnership, New York, as managing partner and chief creative officer, succeeding Mauricio Galván, who left to become chief creative officer at Totality.
That's what Vincent Reinhart, former head of the Federal Reserve's monetary division and now managing director and chief United States economist for Morgan Stanley, said late last week.
At Pimco, Mr. El-Erian, 49, will step into the newly created position of managing director, co-chief executive and co-chief investment officer in January.
Greg was Managing Director & Chief Investment Officer, Fixed Income, at Munder Capital Management, Birmingham, MI.
