Mark Penn leaves CEO post at Burson-Marsteller
He’s taking a strategy job at Microsoft. Donald A. Baer will replace as chief executive of the global PR firm.
After six years as CEO of the PR firm, Penn will join Microsoft—a longtime client of the WPP-owned Burson-Marsteller (B-M)—as vice president of strategic and special projects. He’ll report to Microsoft CEO Steve Ballmer.
“Mark has an incredible background in research, demographics, marketing and positioning and a proven history in developing unique insights that drive success,” Ballmer said in a press release. “With a strong set of products and an exciting pipeline for the next year, Mark’s experience and out-of-the-box thinking will help us more effectively reach new consumers and grow market share.”
Penn was named CEO of B-M in 2006. At the time, B-M had shuffled through three chief executives in five years and experienced a decline in fee income, according to The Holmes Report. Under Penn’s watch, the firm’s fee income is expected to reach nearly $500 million this year.
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