Holding group's first chief customer officer departs by mutual agreement a month after the group posted $235.5m in first-half losses
WPP AUNZ has confirmed the departure of its chief customer officer, Sunita Gloster, after less than 18 months in the role and a month after the group posted more than $230 million in losses in the first-half 2020.
In a statement distributed to media today, WPP AUNZ CEO, Jens Monsees, confirmed Gloster’s exit from the leadership team. CMO understands she has already left the business.
“By mutual decision, Sunita Gloster, chief customer officer, and WPP AUNZ, have agreed that she will leave the business,” the statement read. “On behalf of everyone at WPP AUNZ, we thank Sunita for her contribution and wish her the very best for the future.”
Gloster took up the newly created role in November 2018. At the time, WPP’s executive director, John Steedman, described the role as both pivotal and timely and one driven by a strong emphasis on growth and creating a leadership profile for the group.
“Through the lens of our clients, this role will ensure the WPP AUNZ offer addresses the needs of customers and partners in a challenging and complex time for marketing communications,” he said at the time. “The role will also draw upon expertise from WPP Global, while exploring new strategic partnerships that support and better integrate the existing operational units to drive growth for WPP AUNZ clients.”
The news comes a month after WPP posted a $235.5 million loss for its 2020 first-half financial year off the back of a 4.4 per cent drop in sales, a fall attributed to lost customer accounts as well as goodwill write-offs.
Following the poor results, WPP unveiled a new corporate strategy aimed at returning the holding company to positive growth margins. The new strategy for the region, including South-East Asia, centres around the central pillars - transform, strengthen and grow - and aims to accelerate organic growth by expanding commerce, experience and technology offerings.
Gloster’s background has been largely in the agency and holding company space, although immediately prior to WPP, she spent nine months as a director in PwC’s CMO Advisory practice. Prior to this, she was briefly chief commercial and strategy officer at Network Ten before it was acquired by CBS.
Gloster also spent four years as CEO of the Australian Association of National Advertisers (AANA).
Follow CMO on Twitter: @CMOAustralia, take part in the CMO conversation on LinkedIn: CMO ANZ, follow our regular updates via CMO Australia's Linkedin company page, or join us on Facebook: https://www.facebook.com/CMOAustralia.
In the third and final episode of our 3-part CMO50 video series exploring modern marketing and why it’s become a matter of trust, we’re delighted to be joined by Telstra’s former CMO and now digital services and sales executive, Jeremy Nicholas, and Adobe VP Marketing Asia-Pacific and Japan, Duncan Egan.
Flash back to the classic film, Willy Wonka and the Chocolate Factory. Television-obsessed Mike insists on becoming the first person to be ‘sent by Wonkavision’, dematerialising on one end, pixel by pixel, and materialising in another space. His cinematic dreams are realised thanks to rash decisions as he is shrunken down to fit the digital universe, followed by a trip to the taffy puller to return to normal size.
Why is it there is no shortage of leadership development materials, yet outstanding leadership is so rare? Despite having access to so many leadership principles, tools, systems and processes, why is it so hard to develop and improve as a leader?
As a nation united by sport, brands are beginning to learn money alone won’t talk without aligned values and action. If recent events with major leagues and their players have shown us anything, it’s the next generation of athletes are standing by what they believe in – and they won’t let their values be superseded by money.
