Australia¹S Adam Foulsham Promoted To Y&R Global Role

Australia¹S Adam Foulsham Promoted To Y&R Global Role

Young & Rubicam Brands ANZ chief financial officer Adam Foulsham has been promoted to take up a senior finance posting with Y&R Brands in New York.

Y&R Brands is one of the world¹s leading marketing services organizations.

Foulsham, who has been with Y&R in Australia for the past 15 years, transfers this month to New York as executive vice president Y&R Brands Finance making him one of the most senior operatives in the global Y&R network. His role will include mergers & acquisitions, client remuneration and global CFO responsibilities for Enfatico and Team Dell.

Y&R Brands accounts some 20 per cent of WPP Group¹s $15 billion in revenue and is the holding company for a number of brands including Young & Rubicam, Wunderman, Enfatico, VML and Taxi.

Foulsham said he was thrilled with the opportunity to take on a bigger role in the Y&R Group.

³I am looking forward to working with the management team in New York and alongside colleagues of mine, some of who I have worked with for more than a decade. Y&R Brands revenues and market share have grown across the board and the Group is well positioned to capitalize on new opportunities. It will be exciting to be working on acquisitions and client issues on a global scale².

Y&R Brands CEO Russel Howcroft said Foulsham¹s new role was an acknowledgement to the outstanding job he had done for Y&R¹s Australian operations.

³Adam has guided the companies in our group through more than a decade of great challenge and change. CFO is one of the toughest jobs in this business and Adam has managed a variety of different stakeholders and agendas with absolute professionalism, and a ton of patience. He¹ll be missed.²

Foulsham¹s replacement will be announced shortly.

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