Mark Pejic to step down from chairman role of Mediabrands’ Melbourne operations

IPG Mediabrands has announced that Mark Pejic, chairman of Mediabrands’ Melbourne operations, will step down from his role and prepare to leave the business at the end of this month to pursue new opportunities.

Says Danny Bass, CEO, IPG Mediabrands: “Mark, or Pej as we all know him best, has led our Melbourne operations for the past two years and contributed greatly to its success. As he prepares to move to his next career step, we can’t thank him enough for his time with us.”

Says Pejic: “I have enjoyed my time leading the Mediabrands Melbourne operation. I have a great deal of respect for its people and clients and wish them the very best moving forward.  I am excited to be exploring the next chapter of my career.”

Bass said that with Mediabrands’ continuing evolution of its business model in Australia, into 2018 the Group’s client relationships would be led through its three power brands – Initiative, UM and Reprise – all of which have strong operations in Melbourne. He said that Pejic had been a leading player in the development of the power brands in Melbourne.

Says Bass: “Pej has been a big supporter of our evolving business model and has led our transition in Melbourne very effectively, We wish him all the best for the future.”

Pejic joined Mediabrands in January 2016 and is a former CEO of Mediacom Australia. His role as chairman of Mediabrands Melbourne will not be replaced.