Credit: Lucy Formosa Morgan
Lucy Formosa-Morgan has left her role as managing director of MAGNA Global, the investment and intelligence arm of IPG Mediabrands, after three years leading Australian operation.
She stepped into the job in 2022, replacing Nick Durrant.
Her time at Mediabrands followed senior roles across the industry, including commercial operations director at Nova Entertainment and earlier positions as joint national managing director and chief investment officer.
Formosa-Morgan acknowledged the move in a post to LinkedIn, calling it the end of a chapter.
“It’s been an absolute privilege being a part of such a great team at IPG Mediabrands and Magna Australia,” she wrote.
“I’m so proud of the work we’ve delivered, results we’ve achieved and the relationships we’ve built over the last few years.
“There are too many people to thank individually but you all know who you are. You’re the best bunch of legends I could have hoped to work alongside and for that, I thank you.
“Here’s to new opportunities in the new year.”
IPG has not yet named a successor.
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