Spokesperson confirms the cost cutting does not include additional staff reductions.
Craig Dempster, currently president of Merkle Americas, will take over as global CEO on June 1, as longtime chairman and CEO David Williams changes focus to a group CRM role.
Nurturing a startup mentality and dedicating senior talent to every client has served this Dentsu Aegis-owned mini-network well thus far. But is Mcgarrybowen taking the necessary steps to grow beyond its boutique origins?
The industry veteran will continue serving as global chief executive of Carat.
China-based leaders from Dentsu Aegis, UM, Kantar and more discuss effects and strategies.
Organic revenue declined 1% globally and 12.3% in APAC.
Top news, insights and analysis every weekday
Sign up for Campaign Bulletins