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Major Management Changes at Burson-Marsteller.

NEW YORK, Sept. 24 /PRNewswire/ -- Following the announcement that Tom Bell, currently B-M's President and CEO, will become Worldwide Chairman and CEO of Young & Rubicam Advertising, Burson-Marsteller announced today a new worldwide senior leadership team consisting of:

Graham Phillips, Chairman; Chris Komisarjevsky, Chief Executive Officer; Don Cogman, President and Chief Operating Officer; and, Kurt Krauss, Chief Financial Officer.

"I believe we have the strongest and most experienced senior team to lead our firm into the next millennium," said Mr. Bell. "Under the leadership of Graham Phillips, Chris Komisarjevsky, Don Cogman and Kurt Krauss, Burson- Marsteller is well positioned to deliver superior value to our clients and achieve ever greater success in the years to come."

Graham Phillips, who has served as Chairman of Burson-Marsteller for the past year and has been responsible for managing the firm's largest global client relationships, will continue as B-M's Chairman and add to his responsibilities the role of Chairman and CEO of Young & Rubicam's Diversified Communications Group (DCG) (made up of Burson-Marsteller, Cohn & Wolfe, Sudler & Hennessey and Landor). In this position, Mr. Phillips will use his nearly thirty years experience in the communications business to bring integrated communication solutions to Y&R clients.

Chris Komisarjevsky, who has served for the past three years as CEO of Burson-Marsteller's operations in the United States and as its global Corporate Practice chairman, will assume the position of Chief Executive Officer Worldwide. Through his leadership, B-M USA has demonstrated the power of the firm's client-focused structure by achieving record-breaking growth. A 25-year veteran of the industry, as Worldwide CEO, Mr. Koomisarjevsky will continue to focus his efforts on client value, client relationships and global leadership of the firm.

Don Cogman, a seven-year veteran of Burson-Marsteller's senior management, will become President and Chief Operating Officer Worldwide. For the past three years he has served as B-M's COO, and as President will continue to focus on the day-to-day operations of the B-M global network, with a particular emphasis on key client relationships, human resources and knowledge development. Previously, Mr. Cogman was CEO of the firm's operations in the Americas and head of the Washington region.

Rounding out Burson-Marsteller's senior leadership team is Kurt Krauss, Worldwide CFO, who will continue to be responsible for the financial activities of Burson-Marsteller, in addition to managing the strategic planning process. Krauss, who has spent the past twenty years as a management consultant, served as a managing partner, practice leader and board member of Booz, Allen & Hamilton.

Burson-Marsteller is a global perception management firm focused on delivering measurable business results to its clients through a full range of consulting and communications disciplines. The firm links, philosophically and electronically, the knowledge and insight of more than 2,000 professionals in 35 countries, operating in multiple functional and industry practice specialties. The firm has served some of the world's largest companies, governments and institutions for almost 50 years.
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Publication:PR Newswire
Date:Sep 24, 1998
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