Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


New CEO at Y&R Advertising

News release
February 7, 2005

Y&R appoints new CEO

Y&R Advertising has appointed Jon Ramage as chief executive officer. Current Y&R CEO Ross Goldsack becomes executive chairman.

Mr Ramage, who is currently general manager at Colenso BBDO in Auckland, takes up his new position in March.

He will be responsible for the day-to-day operations of Y&R in New Zealand incorporating Y&R Advertising, Mediaedge:cia and Wunderman in Auckland and Wellington.

Mr Goldsack says the appointment is the result of growth in the business.

"We have had two very good years with last year's revenue a record for Y&R," Mr Goldsack says.

"We have turned around the business. When I came in we were losing both money and clients but now with a growing client base and increased billings Y&R is in a great position for growth."

Mr Goldsack says the time has come to put in place the future leaders of the business.

"This is a major move for us. Jon is an incredibly good talent with impeccable credentials including 12 years in advertising with O&M and Colenso BBDO.

"While we will be working closely together, Jon's appointment will enable me to focus more on our valued clients as well as taking overall responsibility for the New Zealand business," Mr Goldsack says.

Mr Ramage will become a shareholder in and director of the New Zealand business. Y&R is 30 per cent owned by local investors with the balance held by Y&R Inc.


Issued for Y&R New Zealand by Pead PR

© Scoop Media

Business Headlines | Sci-Tech Headlines


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>



Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news