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.”