Les Timar to step down as CEO of Clemenger Group after 27 years: “It has been the greatest privilege of my career”
More leadership news from Clemenger Group today, with CEO Les Timar set to step down at the end of June after 27 years.
With BBDO Worldwide and Omnicom indicating their interest in acquiring the remaining employee-owned shares in Clemenger Group, Timar has decided that this is the right time for new leadership.
Chief Operating & Financial Officer, Adrian Ciabotti, will lead Clemenger Group and support its agencies on an interim basis, with BBDO Worldwide to make further announcements in due course.
Timar initially joined Clemenger Group in 1998 when it acquired a majority stake in the company he co-founded, which evolved to become GRACosway. He served for many years as the CEO of GRACosway, the Group’s highly successful trans-Tasman public affairs and strategic communications firm.
He was appointed as Clemenger Group’s CEO at the end of 2021 and worked to enhance the Group’s capabilities and client offer, support agency development and foster collaboration between its agencies.
Says Robert Morgan, outgoing Chairman of Clemenger Group, who recently announced his retirement after 46 years with the Group: “It has been my privilege to work with Les Timar for the past 27 years. He is an outstanding leader and has done a brilliant job as CEO of Clemenger Group over the past four years. He also co-founded and led GRACosway for many years and made it into a market leader. An all-time great Clemenger person!”
Says Timar: “It has been the greatest privilege of my career to serve as the CEO of this truly extraordinary, storied and diverse company.
“I have had the opportunity of working with so many talented people who have brought their innovative thinking and boundless energy to our clients’ most important business problems.
“I’d like to particularly thank Robert Morgan, Peter Clemenger and Hylton Mackley for their belief in me and their respective contributions over many decades to Clemenger Group.”