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Posts Tagged ‘Buz Sawyer’

Sawyer Parting Ways with Cheil NA

buzcheilThe folks at Cheil have announced that after three years at the helm as CEO of the holding company’s North American operations, Buz Sawyer is leaving come end of 2013. The soon-to-be ex-chief exec will not be replaced as Cheil-owned agencies McKinney and The Barbarian Group will take on growth/development efforts in the U.S. In a statement, Sawyer, who also spent several years as managing director of W+K New York (marking his second stint at the agency) along the way, says, “Cheil remains committed to transformation on a global scale and market-by-market,” said Sawyer. “I’m pleased to have helped put the network on the path to long-term growth and competitiveness in the US, Mexico, Canada, and in South America, and wish Cheil continued success. I’m expanding my role at Hyper Island beyond board chairman to strategic development adviser as the company builds towards exponential growth, and I’ll be consulting with creative people and businesses seeking to embrace change driven by tomorrow’s transformative technology.”

You may recall that Sawyer took on a strategic development post at Sweden-based digital school Hyper Island in summer 2010. During his long career in the ad biz, the departing CEO also spent time at Lowe Lintas and BBDO.

 

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Cheil Worldwide Indeed Acquires McKinney

In case you didn’t hear the news, after reportedly a month or so of discussion, it’s now official that Korean holding company Cheil has acquired Durham, NC stalwart McKinney, which of course we all recently remember from the premiere episode of AMC’s The Pitch. As a result of the Cheil deal, McKinney’s four years of independence comes to an end (the agency was previously owned by Havas). But despite having a parent company yet again, McKinney’s name, leadership (including CEO Brad Brinegar) and its NC headquarters remains intact.

So why sell now? In a statement, Brinegar says, “After four years of charting our own course and producing unprecedented results for our clients, we couldn’t pass up this golden opportunity to be better, bigger, faster. Cheil’s enthusiasm for McKinney’s independent spirit and the opportunity to help write the future of the global network sealed the deal. Though we’re from different parts of the world, we share the language of success — ‘tuhon,’ the relentless drive to achieve extraordinary results despite all obstacles.”

McKinney will now join the Cheil Americas unit, which of course also includes The Barbarian Group and is led by CEO Buz Sawyer. According to The New York Times, the Cheil-McKinney deal is estimated at $50 million. Read the trade’s full report here.

Weaver Resigns from Cheil

Sources familiar with the matter tell us that after less than a year at Cheil USA, Dave Weaver has turned in his resignation. Weaver initially joined the agency in May of last year, when he was brought on by his former boss at Lowe and current Cheil, Americas president/CEO Buz Sawyer to serve as managing director of its One Agency unit.

However, once Lars Bastholm joined Cheil USA as its CCO last December, Weaver moved up the ladder and transitioned into a CEO role at the organization. Our sources tell us that the exec is leaving on his own terms to pursue a career in independent strategy consulting. It seems like familiar territory for Weaver, who spent well over three three years as partner/chief strategic officer at TM Advertising prior to joining Cheil. During his career, the exec has also served as a group planning director at the likes of Publicis and TBWA\Chiat\Day LA.

From what we hear, Cheil USA will be naming a new CEO “soon.”

Wednesday Odds and Ends

 

-MRM/Team Detroit alum Richard Perry joined digital studio Speedshape as interactive group director.

-Social media guru/Charlie Sheen replacement Ashton Kutcher is ready to throw down in a new McCann-created spot for Nikon (above).

-Epsilon completed its acquisition of Aspen Marketing Services.

-Cheil North America CEO Buz Sawyer hired Omnicom alum Henry Dosch as CFO.

-Big Spaceship won digital AOR duties for The Rising Beverage Co.’s Activate brand.

-The Art Directors Club is unveiling a new exhibit next week called “Graphic Intervention,” which showcases 25 years’ worth of AIDS awareness posters link

-Ex-Google CEO Eric Schmidt admits he “screwed up” because he underestimated Facebook. link

-ArnoldNYC was named AOR for Florida-based apparel chain Stein Mart. There was no review. Fry Hammond Barr in Orlanda was the incumbent.

-Republican presidential hopeful Mitt Romney now has a digital director. link

 

 

 

Sawyer Taps Weaver to Lead One Agency

Buz Sawyer, the W+K vet who left the agency over a year ago and eventually found a gig as Cheil Worldwide’s North American CEO at the end of 2010, has hired TM Advertising alum Dave Weaver to serve as managing director of Cheil-owned One Agency.

Weaver isn’t moving very far, though, as he’ll still be based in Dallas and oversee One’s office there as well as its flagship location in NYC. With his hiring, Cheil is hoping that the exec helps expand the South Korean holding company’s client roster in NA beyond Samsung (of course) and whatever Hankook Tires is. Prior to TM Advertising, where he directed strategy and planning for American Airlines and Bausch + Lomb, Weaver held executive strategy posts at Publicis and TBWA\Chiat\Day.

 

Vitrone, Reichenthal Head Back to W+K

It didn’t take long for former Y&R New York creative leads Scott Vitrone and Ian Reichenthal to regain their footing. Just days after it was announced that they were out at the aforementioned agency, the pair has now moved over to W+K New York to take over as co-executive creative directors.

Vitrone and Reichenthal, who have been a tandem since 1999, actually began their partnership at Wieden, where they worked on Nike. The duo replaces Jerome Austria and Kevin Proudfoot, who left W+K last month, and will work alongside New York MD Neal Arthur. Arthur if you recall took over as managing director for Buz Sawyer in April of last year. Regarding their return, Vitrone says in a statement, “When we accepted the job, Dan [Wieden] said, ‘Welcome home.’ And that’s exactly how we feel, too. To come back to W+K, 11 years after meeting there and first working together, is really special for us.”