GroupM appoints Jeff Hunt as its local CFO as it looks to bolster local management

JH GroupMGroupM has created the new role of chief financial officer as it continues to rework its management structure ahead of the impending departure of chairman John Steedman, appointing Jeff Hunt to the post.

Hunt takes up the role from today having previously worked out of Hong Kong as senior vice president & CFO, Asia Pacific & Japan for international software company CA Technologies.

Australia’s biggest media buying group is currently on the hunt for a new CEO ahead of Steedman’s impending departure, with the most likely candidate Danny Bass jumping ship to take the CEO role of rival group IPG Mediabrands earlier this month

MEC CEO Peter Vogel is understood to be a frontrunner to replace Steedman now.

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