Dentsu Aegis Network CEO Jerry Buhlmann to stand down

After nine years at the helm, Jerry Buhlmann, the CEO of Dentsu Aegis Network, is to step down to work as a special advisor to the business.

Buhlmann will be replaced by Dentsu’s executive chairman Tim Andree, who will maintain both titles. The surprise announcement was made as part of Dentsu’s third quarter results.

“After nine years as CEO of Dentsu Aegis Network and before that Aegis Group plc, I am very proud of what the organisation has achieved in that time,” Buhlmann said.

“The highlight for me has been working with a group of very talented people and the impact we have been able to make based on strong team work, a supportive parent company and a dynamic culture.

“Importantly at this time, the quality of the Executive Management Team is exceptional, the business has strong momentum and I’m confident will continue to thrive and grow strongly at a time of disruptive change in the market.”

Buhlmann co-founded BBJ Media in 1989, later selling it to Aegis Group where he became CEO in 2010. He stepped up to become CEO of Dentsu Aegis Network in 2012, following Dentsu’s acquisition.

Toshihiro Yamamoto, president and CEO of Dentsu added: “From the start, Jerry has had a bold vision for Dentsu Aegis Network. His drive and leadership has ensured that Dentsu’s acquisition of Aegis Group plc has been an outstanding success.”