More DAN executives head for the exit

Josh McDonnell
By Josh McDonnell | 1 August 2019

Dentsu Aegis Network (DAN) has had another set of executives leave the business, as the holding group continues to restructure the business under CEO Henry Tajer.

Amplifi head of programmatic Luke Manley has left the business. Manley had been with Amplifi since 2017, joining from Mamamia Women's Network, where he had led the company's Victoria sales team. He had also had three years with Ten as digital group sales manager.

Industry sources say ten to 15 executives have been made redundant in the latest two rounds of restructuring. AdNews understands that restrucring work is still ongoing.

"Our media business is undergoing a period of change. Our focus remains on our clients and people during this time," a spokesperson for DAN told AdNews.

Earlier this year it was revealed Amplifi's media and investment teams would be reintegrated back into DAN's core media agency brands; Carat, Vizeum and Dentsu X.

However, the process will not see the end of the Amplifi name in Australia, with DAN previously confirming that it has plans to keep the division going, appointing former Network Ten executive Michael Bass to the role of chief investment officer.

Bass will replace outgoing CIO Ashley Earnshaw, who was promoted to the role of CEO for Vizeum.

This latest round of redundancies follows the news last week that Carat national managing director Simon James-Williams would also depart.

James-Williams' role had been brought into question following the news that Carat had appointed outgoing Spark Foundry boss Sue Squillace as CEO.

At the time of her appointment, AdNews was told by DAN that James-Williams would remain with the business to ensure the transition of Squillace into the role.

Manley and James-Williams join a growing list of DAN executives to depart the holding group, including Amplifi's Alex Pekish and Adrian Roeling, iProspect national managing director Nick Seckold and head of corporate communications for the network Andrew Hewett.

While not associated with the recent redundancies, DAN CFO Anthea Kane and Isobar CEO Konrad Spilva have also departed the business in recent months.

It has been a difficult year for the holding group's media division, losing major accounts including Super Retail GroupVirgin AustraliaAsahi Beverages, the AFL and The Good Guys. Medibank also remains out to pitch.

Over the last six months, AdNews estimates DAN's media division has lost close to $275 million in billings.

Have something to say on this? Share your views in the comments section below. Or if you have a news story or tip-off, drop us a line at adnews@yaffa.com.au

Sign up to the AdNews newsletter, like us on Facebook or follow us on Twitter for breaking stories and campaigns throughout the day.

comments powered by Disqus