IPG.

IPG, Omnicom executive decisions

Frank lowe, chairman of the Lowe clump and Octagon divisions of Interpublic cluster of Cos., will retire Jan. 2 2003 according to the company's substitute statement. Mr. Lowe will act as a consultant to Lowe clump for one year, subject to renewal and will have the title non-executive chairman. The substitute statement also noted Interpublic's chairman-CEO, John J Dooner Jr received a bonus of $500000 for 2001 667% below the previous year. McCann-Erickson WorldGroup Chairman James Heekin received a one-time payout of $750000 to adjust his incentive payments for the years 1997 to 2001 when he