Mindshare, the global media agency network that is part of WPP, has appointed Michael Beecroft as Chief Investment Officer for Mindshare Asia Pacific.
In this role, Beecroft will drive Mindshareâs trading and investment strategy for the region, leveraging GroupMâs advantages of scale and thought leadership in full for their clients. He will be working closely with Mindshare and GroupM trading teams in all local markets to ensure the agency provides their clients with unrivaled access to quality local inventory, tools, and data as the market increasingly moves to biddable and programmatic trading models. Beecroft will work with regional media, data, and tech partners to ensure Mindshareâs multi-local trading strategies are combined with the best and most relevant regional and global offerings.
Beecroft will further head up our accountability teams ensuring Mindshare continues its great track record of always delivering in full the trading and pricing commitments we make to our clients. He will also be responsible for driving the supply side of Mindshare's Adaptive Marketing proposition, which includes the establishment of the newly developed performance marketing FAST Hubs.
Beecroft has 20 years of digital and media investment experience, having spent the last 15 years at MEC across various senior local, regional, and global positions. His last two roles were Global Head of Digital Trading and most recently, the Chief Investment Officer for MEC APAC, he has successfully led clients across all major categories in their evolution towards a more future-focused media investment management along with value creation.
Commenting on the new role, Beecroft says: âIâm tremendously excited to have the opportunity to both stay within GroupM and join such a power-house of an agency, one of such scale, but also continuously working towards leading industry change in media and technology.â
Ashutosh Srivastava, CEO - AMEA, Russia & CIS, commented on the appointment: âMichael joins us at a time in which the role of a CIO is in tremendous flux. No longer are the conversations about the lowest CPRP, but rather there is a complex and evolving discussion about the true value of media, which includes numerous factors including viewability, partnerships, measurement technology, and dozens of other variables, which need to ladder up to business results for our clients. His deep knowledge of digital as well as offline channels, keen business sense, and Asia experience make him the ideal candidate to lead our trading teams in the region.â
Beecroftâs new role will be effective starting January 1, 2018.
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