Via AgencySpy: Nick Grouf is no longer president at Spot Runner; he’s replaced by John Gentry, previously chief revenue officer.
Grouf was one of two Spot Runner execs named in an alleged securities fraud suit.
Meanwhile, via Ad Age: Sarah Fay is stepping down as CEO of North America for Aegis Media, by what the company says is “mutual agreement.” She will be replaced by Nigel Morris.
“Aegis Media CEO Jerry Buhlmann told Ad Age the timing of Ms. Fay’s leaving suited “us both mutually” and was in no way related to the rather tough year Aegis Media’s Carat had in 2008,” wrote Ad Age. Fay told Ad Age that the commute from Boston to New York was wearing on her as well.