Victor Corones departs Magna after ‘some discussion’ with IPG Mediabrands

After nine years in the role and 15 years with IPG Mediabrands, Magna managing director Victor Corones is departing the company following “some discussion”.

Corones does not have another opportunity lined up, but will “take some time out to consider his next career step”. IPG Mediabrands said it is fully committed to its investment and trading arm, and will advise of Magna’s new leadership structure in due course.

“After some discussion with Victor Corones, Victor has decided to leave IPG Mediabrands Australia and take some time out to consider his next career step,” IPG Mediabrands said in a statement.

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