Aarti Shah 03 Jun 2014 // 12:53AM GMT
NEW YORK — WCG president Chris Deri has stepped down after a year in the role to become managing director at Teneo Holdings.
Deri joined WCG last year from Burson-Marsteller to become the firm’s first president, tasked with helping it become better known outside of the healthcare sector. WCG founder Jim Weiss told the Holmes Report he plans to lead WCG in the interim and the “current plan is to promote from within.”
“I'm really grateful for the time at W2O and WCG,” Deri said, who started his new role this week. “The Teneo Holdings opportunity was just a chance to get much closer to client work.”
Deri’s new role is as managing director of Teneo Strategy, a division of Teneo Holdings, where he’ll advise clients on opportunities and risk across a range of issues and geographies.
WCG, part of the W2O holding company, has five offices across the US and one in London. Earlier this year, the Holmes Report reported that W2O increased its revenue in 2013 by 20% up to $75m.