Following Deric Wong's departure, Clement Chung and Florence Wong have been promoted to CEOs of PHD and OMD respectively, as Gary Wong becomes COO of OMG in the market.
PHD focused its energy on building a future-fit workforce in 2020 and was rewarded with a gangbuster year for new business that helped cushion the loss of Unilever China and its esteemed China CEO.
Stacy DeRiso will become president of Initiative U.S., and Will Wiseman will head up strategy.
Previously COO, Zhao fills the role vacated by Anna Chitty in September.
Three-year deal consolidates both Volkswagen and Skoda brands from the joint venture under PHD, adding to its VW global business.
Dentsu, Leo Burnett, PHD, OMD, VMLY&R, BBDO, MediaCom and Starcom are among the agencies shifting positions in R3's latest tally of APAC new business. Plus, see the top 10 APAC wins.
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