Dentsu Aegis Network promoted Adweek media executive of the year Michael Epstein to the role of global CEO, effective June 1.
The promotion comes after more than two years as U.S. CEO, during which time Carat won new business with United Airlines, Intel and P&G.
“We’ve been on an incredible journey with Carat in the U.S., driven by some of the brightest minds in media,” Epstein said in a statement. “A huge part of that success has been the unique way in which Dentsu Aegis Network operates—connecting across agencies and markets to meet our clients’ needs. I’m proud and excited to continue that journey with colleagues from around the globe.”
“Michael’s leadership of Carat in the U.S. has made a significant difference that is visible in all elements of the business,” Carat U.S. CMO Robert Schwartz said in a statement to Adweek, characterizing Epstein’s promotion to global CEO as a “natural extension of both that momentum and his own growth.”
Epstein will remain based in New York while also traveling to London to lead Carat’s global leadership team. He will simultaneously serve as U.S. CEO for Carat during the search for a successor in that role. He will report to Dentsu Aegis Network global CEO, media and performance and global clients Peter Huijboom.
“Michael’s track record speaks for itself and is built on a rare ability to blend the science of media planning and product with the art of creating lasting relationships with clients,” Huijboom said in a statement. “The breadth and the strength of his leadership will be a huge asset as we continue to transform our media and performance business to meet the needs of our clients.”
Christine Removille, who joined Carat as global president last September, will move into a role as global president, media and performance transformation for Dentsu Aegis Network, tasked with developing its media and performance line.
This article was originally published on AdWeek.