Dentsu China introduced that Terrence Yung is stepping down from his put up as CEO of the corporate’s media service line.
Yung is stepping all the way down to spend extra time along with his household, the corporate mentioned. He has been with Dentsu since 2014, and was promoted from COO to the media CEO position in November 2020. He adopted Tony Chen, who additionally spent lower than a yr within the media CEO place.
Deric Wong, CEO of Dentsu Worldwide China, will take over Yung’s duties on an interim foundation.
“It has been an honour to steer Dentsu media for the previous yr,” Yung mentioned in a launch. “I have been impressed by the dedication of the staff and the good work we’ve produced for our shoppers. I like this organisation and can miss the superb individuals right here with whom I’ve had the privilege to work and collaborate.”
Wong thanked Yung for his dedication. “Terrence Yung has made an vital contribution to Dentsu media throughout his time with the corporate, and regardless of the unprecedented challenges of the pandemic, he has had a optimistic impression on our transformation, driving development and shopper satisfaction,” Wong mentioned in a launch.