ICM has promoted Dan Donahue to chief operating officer, a newly created position.
Donahue came over from Broder Webb Chervin Silbermann when ICM acquired the agency last summer. His promotion is another indication of the BWCS brain trust taking the reins of ICM, which has been overhauling its operations since the merger.
ICM’s restructuring led the tenpercentery to remove the co-president title from Ed Limato. Limato, a 32-year agency vet, had an arbitration hearing last Wednesday and is expected to formally leave the agency and take his stable of star clients with him as early as this week.
As chief operating officer, Donahue oversees all of the agency’s biz affairs, human resources, finance and IT departments, among other responsibilities.
“Dan’s expertise and leadership have been invaluable to the successful integration of BWCS and ICM,” agency chairman-CEO Jeff Berg and president Chris Silbermann said in a joint statement.
Donahue started at BWCS in 1998 as a business affairs executive and rose to chief operating officer prior to the ICM deal. He began his career as an attorney specializing in corporate transactions and media law at the D.C. law firm Hogan & Hartson.