Dentsu CEO axed amid A$2.85 billion write-down
Hiroshi Igarashi (L) and his successor Takeshi Sano
Dentsu Group CEO Hiroshi Igarashi has stepped down, as pre-earnings reports signal the company will book ¥310.1 billion (A$2.85 billion) in impairment charges.
The Japan-headquartered advertising giant confirmed Igarashi’s removal and the promotion of Takeshi Sano to global CEO and president.
Sano has been with the Tokyo-headquartered company since 1992 and is currently the CEO of Dentsu Japan and the deputy global chief operating officer of the whole group.
