CEO Shaun Holliday Is Out at MPG N.A. | Adweek CEO Shaun Holliday Is Out at MPG N.A. | Adweek
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CEO Shaun Holliday Is Out at MPG N.A.

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Shaun Holliday is out as CEO of Havas' MPG North America unit, the shop confirmed today.

He joined the agency in January 2009. Since then, the shop has suffered some setbacks, most notably losing the North American portion of the Reckitt Benckiser account ($500 million) to Zenith Optimedia last fall. Also lost late last year: Boehringer ($155 million) to Mindshare.

And last month it lost the CBS Films account ($100 million) to MediaVest.

The shop said that Maria Luisa Francoli, MPG's global CEO based in New York, would assume Holliday's North American responsibilities. Holliday will stay through a transition period until June.

Francoli has held several roles within MPG since joining the company in 1993. She was appointed global CEO in 2006. Soon after, she relocated to New York from MPG headquarters in Spain to focus on growing the N.A. operation.

Havas Media global CEO Alfonso Rodes said: "We are all grateful to Shaun for his contributions and accomplishments. He has had a significant impact on many fronts, including driving efficiency and profitability, reengineering our cost structure, establishing strong operating disciplines and helping promote integration to better service our clients' needs."