Henry Tajer is leaving IPG Mediabrands after serving as global chief executive officer for two years. The Wall Street Journal first reported the news on Tuesday afternoon.
Philippe Krakowsky, the network’s evp, chief strategy and talent officer, who was elevated to the global chairman role last February, will assume Tajer’s responsibilities moving forward. The holding company does not plan to replace the departing CEO, who will return to his native Australia.
An IPG Mediabrands spokesperson declined to comment on the news today beyond confirming Tajer’s departure, though Campaign US published the internal memo in which Krakowsky confirmed that he will be inheriting Tajer’s responsibilities and that the outgoing CEO will not be replaced.
Tajer’s departure coincides with the March promotion of Arun Kumar, who runs IPG Mediabrands’ programmatic technology division Cadreon, to the position of chief data and marketing officer, a newly created role. Australian trade publication B&T called the move “mysterious“—and according to multiple parties with knowledge of the matter, IPG Mediabrands’ decision to part with its global chief is in keeping with a pivot toward a greater focus on data.
“We’ve previously stated that Mediabrands is the place where we will further invest behind our already considerable data and analytics capabilities, so as to develop a data stack and platform that can serve all of our agencies,” said Interpublic Group CEO Michael Roth regarding Kumar’s promotion earlier this year. “By partnering [Kumar] with Philippe, whose technical strength is matched by his breath of knowledge about the industry and deep connections throughout the entire IPG portfolio, we believe that we can significantly advance our efforts to bring greater accountability to all of the solutions we deliver on behalf of our clients.”
In the internal memo, Krakowsky noted that his own promotion to the chairman role last year “foresaw this possibility,” calling the transition of power “a seamless one.”
Tajer spent more than a decade with Interpublic, first leading the Australian and APAC divisions of its UM network (formerly known as Universal McCann). He has not yet commented on his departure or any future plans inside or outside the advertising industry.