Toshihiro Yamamoto is set to retire from his functions as president and CEO of Dentsu Group after holding those positions for 5 years. He will be prospered by Hiroshi Igarashi, presently executive officer of Dentsu Japan Network and president and CEO of Dentsu Inc. Igarashi will formally handle the double functions starting in January 2022.
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In addition, Tim Andree, representative director at Dentsu Group Inc. and executive chairman at Dentsu International, is leaving the latter function he handled in September 2020 as part of Dentsu International’s rebrand. Andree will now take control of for Yamamoto, who is likewise stepping down as chairman of the board, and will presume the recently produced position of non-executive chairman of the board.
This marks a brand-new management structure for Dentsu, which is separating the CEO and president functions from the chairman position for the very first time. This relocation will be made main after Dentsu’s yearly basic conference in March.
“These modifications are developed to enhance governance and advance the reforms and improvement that Dentsu has actually developed, to attain sustainable development and boost business worth for Dentsu Group Inc.,” Yamamoto stated. “I have actually been the happy custodian of Dentsu for 5 years and I am positive that Igarashi, Wendy [Clark], and [Norihiro] Kuretani will lead our individuals, our customers, and our service into a amazing and brand-new chapter of modification.”
As part of that modification, Kuretani will enter the function of president and CEO of Dentsu Japan Network from his previous position as director and executive VP of Dentsu Inc. Clark will keep her function as worldwide CEO of Dentsu International.
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“We have a terrific chance to continue constructing company in collaboration with our customers, powered by our distinct Dentsu mix of customer-centricity, development, and imagination,” Igarashi included.