Arun Sudhaman 17 Aug 2018 // 3:14AM GMT
HONG KONG — Racepoint has parted ways with Greater China MD Mark Jackson, as the agency reshuffle continues following the exit of global CEO Peter Prodromou.
Jackson spent 18 months with Racepoint in Hong Kong, joining as deputy MD and then becoming MD earlier this year. Prior to Racepoint, he spent four years with Memac Ogilvy in Bahrain.
Racepoint, which is now being led again by founder Larry Weber, termed Jackson's exit a "mutual decision."
An agency spokesperson added that Weber and global technology EVP RJ Bardsley are working closely with the firm's Asia Pacific teams, which spans offices in Beijing, Shanghai, Shenzhen and Hong Kong, and counts Huawei as a major client.
Racepoint regional VP Vicky Neill, also based in Hong Kong, left the firm earlier this year to join Text 100.
Jackson, who declined to comment, is expected to remain in Hong Kong. "He’s still thinking through his plans but a return to a more advertising-driven approach is high on his list of next steps," claimed the Racepoint spokesperson.
"We remain committed to the market in China and we are excited about the work we are doing there," added Weber. "We have a strong, vibrant team across the region and our work there forms a key component of our global growth strategy."
In separate development, Racepoint last week issued a statement claiming its headcount levels were stable and growing, following reports of major staff cuts at its Boston office.