NEW YORK - Mike Drexler, veteran president of media agency Optimedia, is to retire this summer.

The company, part of Publicis Groupe's ZenithOptimedia network, has named Antony Young as Drexler's successor. Young will move from his role as ceo of ZenithOptimedia UK.

Drexler (67) has a 40 year career in media and has worked with advertising greats including David Ogilvy and Bill Bernach.