Ruth Stubbs departs iProspect
Global president reportedly headed for a Europe-based role with Wavemaker, Campaign understands.
Nov 06, 2019 04:34:00 AM | Article | Matthew Miller
Ruth Stubbs is leaving her Singapore-based role as global president of Dentsu Aegis Network's performance-marketing unit iProspect, Campaign Asia-Pacific has learned.
It is understood that Stubbs will be taking up a Europe-based role with GroupM media agency Wavemaker.
Stubbs has been global president at iProspect since late 2016. That promotion followed her five-year stint as CEO of iProspect Asia Pacific, during which she grew the business from 40 people to over 1000, completing seven acquisitions. She first joined iProspect in Asia in 2011, which followed a tenure as president of Mediabrands APAC. She was also the top honoree in Campaign's first Women Leading Change Awards and a key driver behind DAN's Female Foundry Accelerator Programme.
Over the last year, Dentsu Aegis has seen restructuring and job cuts, along with a relatively large number of high-level departures, including longtime APAC CEO Nick Waters (who went to a UK/Ireland role with the company as Takaki Hibino became APAC executive chairman), China CEO Susana Tsui (who later joined TheAsianParent), Southeast Asia CEO Phil Teeman and North Asia CEO Rob Hughes and former Carat CEO Jonathan Chadwick.
Stubbs declined to comment for this article. Campaign has reached out to Dentsu Aegis for comment.
Update, 3 pm, 6 November:
Dentsu Aegis provided a statement confirming that Stubbs is stepping down and relocating to "western Europe". The statement included this quote from Peter Huijboom, CEO of DAN Media & Performance and global clients:
We thank Ruth for her leadership over the past nine years. She leaves iProspect as a vibrant global brand that will continue to play a critical role in our strategic growth. We wish her all the best in her future endeavours.
(This article first appeared on CampaignAsia.com)