IPG Mediabrands’ global CEO Matt Seiler (pictured) will be stepping down this May and replacing him will be Henry Tajer, global COO of Mediabrands. Seiler will however remain as chairman of the group through 2015 to ensure smooth transition.
Tajer, who was named Mediabrands’ global COO in January of 2014, will be re-locating full-time to New York from Sydney, where he currently spends a portion of his time in his role as CEO of the group’s Australian operations.
“IPG Mediabrands has consistently shown itself to be on the vanguard of the industry in terms of thought leadership, digital capabilities and new operating models, as well as bringing a high degree of accountability to its client engagements,” said Michael Roth, chairman and CEO of Interpublic. He added that the announcement is part of a long-term game plan and a natural evolution for the management team.
Roth added that in his role as chairman for the balance of this year, Seiler will continue providing a broad strategic vision for the group.
“In executing on a strategic vision that’s led us to embrace automation, pay-for-performance and a truly innovative mindset, our leadership team has laid a solid foundation for long-term success,” said Seiler added.