Campaign India Team
Aug 07, 2013

Steve Marcopoto to step down from Turner

Turner is currently looking both internally and externally for a successor to Marcopoto's role

Steve Marcopoto to step down from Turner
Steve Marcopoto will step down as president and MD of Turner International Asia-Pacific at the end of his contract this December, ending a 15-year career with the company.
 
Marcopoto will however be staying on as a senior advisor to Turner International president Gerhard Zeiler, to ensure a seamless transition and provide continuity on current new initiatives.
 
Turner is currently looking both internally and externally for a successor to Marcopoto's role. 
 
Thanking Marcopoto for his work, Zeiler said, "Steve has guided Turner Asia Pacific through a period of rapid change. Under his exceptional leadership Turner went from broadcasting two networks in the region to 36 channels today along with a vast variety of digital and off-channel commerce activities."
 
Marcopoto has recently completed a round of job cuts and reorganisation for Turner Asia-Pacific that he deemed "tough, but absolutely necessary". In June, it was announced that that Turner Asia-Pacific would be cutting its headcount by 30 per cent. This followed a prior round of job cuts in October 2012, which amounted to 10 per cent of Turner's workforce. 
 
Turner has also decentralised its Asia-Pacific operations from its Hong Kong headquarters, which may mean that Marcopoto's successor won't be occupying an identical job function. 
 
"Now is the best moment for the company to put a fresh set of hands in charge," said Marcopoto on his pending departure. "It feels right to initiate the handover now as I complete 15 years in this job, and I intend to hand over Turner Asia Pacific to my successor in an optimal state.”
 
The article first appeared on campaignasia.com
Source:
Campaign India

Related Articles

Just Published

2 days ago

89% of CMOs predict growth in their marketing ...

Nearly 59% of CMOs expect that in the next five years, their revenues will come from products, services, or businesses that don’t yet exist, finds Dentsu's 2024 CMO Navigator survey.

2 days ago

'All polish, no punch': Adland reacts to Jaguar’s ...

The internet has spoken about Jaguar's radical rebrand with mixed reviews. But what do industry experts think?

2 days ago

Parle’s ‘GIF it a go!’: A sweet play on connection ...

The Minimalist's GIF-inspired campaign for Hide & Seek captures Gen Z with humour, relatability, and everyday moments.

3 days ago

VdoCipher introduces live streaming services to ...

Real-time engagement through live streaming offers Indian advertisers a robust tool for deeper connections and data-driven campaign optimisation.