Head of Ad Pepper's U.S. Operation Resigns

Share this article:
The head of the U.S. division of European ad network ad pepper media resigned yesterday, the company said.


Glenn Klepchick, the company's CEO in the United States, is leaving for personal reasons, spokesman Philip Ellison said.


He said that while the company does not plan to replace Klepchick, chief operating officer Louis Pereira and chief financial officer Charles Harrison will split his duties. Pereira will take on Klepchick's marketing duties, Ellison said.


"[Klepchick] will remain a non-company adviser," Ellison said. "He wanted to do other things."


Ellison said the U.S. operations of ad pepper, which is based in Nuremberg, Germany, will continue to be run out of New York.


He said Klepchick's resignation is not indicative of a larger reorganization of the company. He stressed that ad pepper has not suffered the same fate as other ad networks, namely 24/7 Media and Engage Inc., which are struggling for their financial lives largely because of the falloff in online advertising in the United States.


"The U.S. market is different from the other markets in Europe, not the least of which is that it is bigger," Ellison said. "The U.S. has to be self-sufficient. Our philosophy is to let every market call their own shots."
Share this article:

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Agency

Russ Klein Tapped to Head American Marketing Association

Russ Klein Tapped to Head American Marketing Association

The former Burger King and 7-Eleven CMO takes over as the organization looks to expand globally.

Publicis Launches New Digital Agency

Publicis Launches New Digital Agency

Roar, an amalgam of top digital talent from across Publicis Groupe, will be led by Zenith OptiMedia veteran Sean Reardon.

RAPP Names Orlov CEO

RAPP Names Orlov CEO

The Volkswagen marketing executive is a veteran of Wunderman and WPP.