Canadian-born Peter Stringham(51), chairman and ceo of Young & Rubicam North America until its acquisition by WPP last October, is to join London-headquartered banking and financial services giant HSBC Holdings as head of group marketing.

He takes up his post on 15 January, reporting to HSBC chief executive Keith Whitson. Stringham succeeds Mary-Jo Jacobi who quit in November to join Lehman Brothers.

News source: Advertising Age - Daily Deadline