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Publicis says Saatchi boss Kevin Roberts to step down

Reuters - UK Focus

PARIS, Aug 3 (Reuters) - French advertising giant Publicis (Paris: FR0000130577 - news) said on Wednesday Kevin Roberts, the chairman of its Saatchi & Saatchi unit, would resign on Sept. 1 after the legendary advertising boss said some women lacked "vertical ambition".

"The Supervisory Board and the Chairman and CEO of Publicis Groupe (Other OTC: GROPF - news) took note of Kevin Robert's decision to step down with effect from September 1st 2016, prior to his retirement date due in May 2017," Publicis said in a statement. (Reporting by Michel Rose, editing by Louise Heavens)