Dentsu announced a new global management structure following the Japan-based global advertising group's plan to integrate international and the local Japan business.
The company in September announced a major restructure, confirming the departure of Wendy Clark from the international division in a move called "One Management Team".
The company, in announcing September quarter results, says the simplified structure will allow the business to foster agile decision-making, strategic focus and clarity across the group while driving operational excellence across all functions.
The Group Management Team, headed by CEO Hiroshi Igarashi, has 36 globally diverse members, including the 21-person group executive management with executive responsibility.
The restructure appears to abandon Wendy Clark's plan to cut agency brands at dentsu internationa to six from 160.
The latest announcement says the new management team would govern four business regions worldwide, made up of 900 companies doing business in 145 countries.
The restructure includes the appointment of the first non-Japanese global CFO, and new roles including Chief Global Client Officer, Chief Integrated Solutions Officerm, Chief Governance Officer, Chief Culture Officer, and Chief Sustainability Officers plus a Chief of Staff to directly work with the CEO on policy setting, implementation, and decision making.
Igarashi: “We have formed a global Group Management Team to further contribute to our clients' business growth and the realisation of a better society by strengthening our Integrated Growth Solutions, and to enhance our corporate value.
"Under this team, we will realize the potential our 65,000-strong, worldwide employee-base, bringing together their unique strengths within the countries and regions in which dentsu operates.
"This will allow us to achieve global business growth and improve profitability through synergies and increased efficiency. Through this renewal of our management structure, we will not only achieve the goals of our medium-term management plan, which concludes in FY2024, but also increase the certainty of long-term, sustainable growth beyond that date.
"At the same time, we will contribute to the betterment of our customers, partners, employees, consumers, and society as a whole.”
Group Executive Management (effective January 1, 2023):
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