Dentsu Aegis Network has confirmed a double bill of leadership changes to its Australia and New Zealand leadership team, spurred by the immediate departure of chief executive Henry Tajer and chief financial officer Reg Davidson.
To maintain continuity the media company has appointed Angela Tangas as CEO and Jerome Whelan as CFO with immediate effect, a rapid turnaround designed to provide stability to the business, clients and its partners.
Ashish Bhasin, chief executive APAC commented: “Australia & New Zealand (ANZ) are important markets and have a critical role in our global business strategy. In 2019 our business in Australia continued to be impacted by the local market and business challenges and I would like to thank Henry and Reg for their support during a difficult period.
“To help the market return to growth, the ANZ Leadership team have created a blueprint to enable much-needed transformation, one which will leave the business with stronger foundations and a more competitive local business model.”
Dentsu Aegis Network also reaffirmed its commitment to its regional markets, viewing them as a key growth driver through 2020.
The business has recently undergone a significant restructuring across Asia Pacific, including the closure of Amplifi, its Australian media innovation and investment division.