Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
Matt Ryan, CEO of Ryan Drossman/MARC USA, is leaving the agency this week to become CEO of an as-yet unnamed venture-capital company, sources said.
The new company also launches this week in New York and will fund an e-services business in partnership with MARC USA, a source said.
“Matt is staying with MARC but in a different capacity,” said Lee Brody, a representative for the Pittsburgh-based agency network, which bought Ryan Drossman in July 1999.
Brody would not elaborate on Ryan’s new role and said no decision had been made about a possible replacement at the New York shop.
“We have a strong management team in the agency that will be led by (vice chairman, co-creative director) Neil Drossman and (evp, co-creative director) Bob Needleman,” Brody said.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in