Havas has denied the report in today's Daily Telegraph that Vincent Bollore, chairman and major shareholder of the company, has asked the head of its media buying and planning division to take over the role of chief executive, Reuters reports (via MediaBuyerPlanner). The story in the Telegraph reported that Bollore asked Fernando Rodes Vila - whose father, Leopoldo Rodes Castane, is a Havas board member and whose family is a large shareholder - to become the group's chief executive.

Banker Philippe Wahl is currently CEO. The Telegraph story reports that Vila's supposed appointment would help forge business links between Havas and Aegis, a company in which Bollore now owns a greater than 25 percent stake.