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Law firm EP+Co designates Kat Shafer as president, replacing Allen Bosworth in the position.

Agency co-founder Bosworth steps down after more than three decades in the industry.

Law firm EP+Co designates Kat Shafer as president, replacing Allen Bosworth in the position.

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Stepping away from the advertising biz on his own terms, Allen Bosworth, co-founder and big cheese at EP+Co, is counting down the years to his encore after a whopping 40 in the industry.

"Seizing this chance gives me a shot at pursuing passions I hold dear," Bosworth spilled to ADWEEK, sharing he'll also be educating at his uni alma mater, the University of North Carolina.

The Inside Story: EP+Co's Heartfelt Ode to NY BodegasWith IPG already spilling the beans on their leadership transition plan, Kat Shafer's been pegged as the brand new president of the agency - a role she'll snag starting Sept. 1. Shafer's poised to step up where Bosworth stands down, who's been with the agency since its birth a good 36 years ago.

Time Waits for No Ad Man: Bosworth's set to hang up his hat in the world of advertising eight years from now, in 2024.

  1. Allen Bosworth, who will retire in 2024 after 40 years in the business, is planning to pursue his passion for education at the University of North Carolina.
  2. After 36 years with EP+Co, Kat Shafer will take over as president of the agency, starting September 1.
  3. IPG has announced its leadership transition plan, with Shafer poised to step into the role left by Bosworth.
  4. Bosworth, who co-founded and led EP+Co, is stepping away from the advertising business to focus on his personal interests and retire on his own terms.
After more than three decades, Bosworth is set to depart from the industry, having been a significant figure at the agency he established.

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