Andrea Suarez Exits IPG Mediabrands After 16 Years

Andrea Suarez has formally exited IPG Mediabrands after a 16-year tenure, the company confirmed to ADWEEK.Suarez had served as world CEO of UM from mid-2023 till November 2024, when she quietly transitioned into the regional position as chair of IPG Mediabrands LATAM. She was nonetheless listed as world CEO of UM on the IPG Mediabrands’ web site, as of this writing.Suarez had beforehand held a number of high roles throughout IPG, together with main IPG Mediabrands’ world follow Thrive, CEO of IPG Mediabrands LATAM, president of Worldmarkets, and president of UM Latin America. Throughout her time as world CEO, Suarez helped information UM by a interval of operational streamlining and management transition.In an announcement offered to ADWEEK, IPG Mediabrands stated: “We’re grateful to Andrea Suarez for her vital contributions to IPG Mediabrands and her signature fashion of heat, pragmatic method, and tireless dedication as a colleague. Over the course of 16 years, Andrea was instrumental in rising our enterprise, partnering with purchasers, and creating our expertise. Her tenure as world CEO of UM and, most just lately, as chair of IPG Mediabrands LATAM has helped us to thrive at each the model and regional ranges and paved the best way for future success. Andrea will transfer on to her subsequent journey this summer time. We want her all the very best as she goes ahead.”UM won’t be exchange its world CEO position. As an alternative, Suarez’s duties will likely be distributed amongst a number of regional leaders, together with Susan Kingston-Brown world model president of UM, and Carlos Rojas Girao, regional CEO of IPG Mediabrands LATAM.In a memo reviewed by ADWEEK, Eileen Kiernan, world CEO of IPG Mediabrands, mirrored on her time working with Suarez. “Andrea and I labored collectively carefully throughout a lot of the final 10+ years, and I can communicate firsthand to her deep dedication to purchasers and expertise,” Kiernan wrote. “She is a targeted and tireless chief with a down-to-earth, heat, and pragmatic fashion. And I’m grateful for all Andrea has finished for and meant to this group through the years.”Suarez’s departure comes amid a wave of inside restructuring and cost-cutting throughout IPG Mediabrands and its father or mother firm. In Could, ADWEEK reported that the company community laid off dozens of analytics staffers, moved roles offshore. These strikes are a part of a $250 million cost-reduction initiative forward of the corporate’s deliberate merger with Omnicom Group, which was cleared by the Federal Commerce Fee in late June. The $13.5 billion deal is predicted to shut within the second half of 2025.