January 8, 2018

Tom George becomes GroupM UK CEO as Nick Theakstone takes Global Investment role

Tom George, most recently the chairman of MEC in UK and Northern Europe, takes over at a crucial moment for GroupM, which has merged his old agency with Maxus to form Wavemaker and is seeking to build up sister digital agency Essence into a full-service media network.

Nick Theakstone, a tough negotiator who built GroupM into a formidable operator in the UK, will oversee more than $100 billion in annual billings for the world’s biggest media buyer.

Theakstone is the fourth UK chief executive at one of the big six media-buying groups to leave their role since October after changes at Publicis Media, Dentsu Aegis Network and Havas but, unlike some of those rivals, GroupM has been performing well.

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