Nikita Mishra
Feb 28, 2023

David Tang exits DDB as Asia CEO

After 20 years with the creative agency, Feb 28th will be Tang's last day at the shop; local markets will now report to management teams at DDB Worldwide.

David Tang exits DDB as Asia CEO

DDB Asia CEO David Tang will be leaving the agency with effect from today (Feb 28). Before taking up the regional CEO title, Tang helmed the Singapore office as CEO along with Neil Johnson for over 20 years. Over the last seven years, he also led DDB Asia.

In the absence of a regional leader, local offices in Asia will fall under the purview of management teams at DDB Worldwide in the interim. Market heads will report to New York-based global president and COO Alex Lubar, supported by Singapore-based CFO Esther Selvanayagam. 

News of Tang’s departure follows a wave of recent exits at DDB. Just four months back, China CEO Matthew Cheng gave up the position for ‘family reasons’ to return to his native Hong Kong. Wunderman Thompson and former DDB alum, Jason Wu stepped in his shoes. DDB Asia's chief creative officer Eugene Cheong and Singapore managing director Joshua Lee, a 12-year veteran with the firm exit earlier this month. 

Outgoing CEO Tang remarked: “Once in a lifetime, passion and perseverance come together. I was at the right place, at the right time. Truly, I want to thank a generation of talent which includes clients and colleagues who have become friends. They have been great to work with and they made the work great. They were a wonderful, hardworking bunch. Now I’m moving on, with faith and hope, to the next chapter of my lifetime.”

Said DDB Worldwide CEO Marty O’Halloran: “We would like to thank David for his passion, friendship and enduring commitment to DDB over the past 25 years. Everyone across the DDB network wishes David the very best in his endeavours ahead.”

Source:
Campaign Asia

Related Articles

Just Published

9 hours ago

Netflix doubles ad revenue in 2024, targets another ...

The streaming platform is eying a growing piece of the $25 billion spend on connected TV, with geographic expansion of its ads supported tier.

10 hours ago

Following Trump's lead is a mistake. It's time for ...

Just like you wouldn’t plan a picnic without considering the weather; agencies that try to plan for the future without considering climate change are risking disaster, says Clean Creatives' Duncan Meisel.

14 hours ago

GroupM axes global agency CEO roles in major ...

EssenceMediacom, Mindshare and Wavemaker brands will still operate globally and local market CEOs will retain their roles.

22 hours ago

Trump signs order to delay TikTok ban for 75 days

With the new US president asking for a 50% stake in TikTok, advertisers should be cautious of the evolving landscape and not put their ‘eggs into one social basket’.