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The Drum

Nigel Sharrocks, CEO of Aegis Media Global Brands set to retire

Aegis Media has announced the imminent retirement of Nigel Sharrocks, CEO of Aegis Media Global Brands.

Sharrocks will step down at the end of the summer nine years after joining from Warner Brothers Pictures where he was MD.

Jerry Buhlmann, CEO of the Dentsu Aegis Network and Aegis Media, commented: "I have had the good fortune to work with Nigel for nearly ten years. Nigel is one of the most respected and popular figures, not only at Aegis Media but across the advertising industry, where he has made many friends during a long and distinguished career. We will miss Nigel enormously and he leaves with our very best wishes for a long and happy retirement."

Sharrocks added: "I have enjoyed my time at Aegis Media enormously and as the business enters the next chapter of its development, with Dentsu, now seems like the right time for me to step aside. During my time at Aegis the business has gone from strength to strength. The performance, size, capability and culture of the business have all transformed and I am proud to have been a part of the team that delivered this change and to leave Aegis in such good health. I wish all my friends across the business well and I will watch future developments with interest."

The company's global director of business integration Peter Huijboom is to take up the role alongside his current responsibilities.