Omnicom Media Group North America CEO Scott Hagedorn is leaving the company and will be succeeded by Ralph Pardo, CEO of its Hearts & Science unit. The appointment is effective immediately.
In his new role, Pardo will oversee the network’s OMD, PHD, Resolution, Hearts & Science and Optimum Sports units. OMG is the world’s fourth largest media network group, according to the Ad Age Datacenter.
The departure of Hagedorn, who has held the position since 2019 and who himself is the former CEO of Hearts & Science, is unexpected. The media network did not give a reason for his departure and said only that he would serve out his contract.
“Scott has been with Omnicom Media Group for many years and has made many contributions to the organization,” said OMG Global CEO Florian Adamski. “We thank him for everything he has achieved during his tenure and wish him the best of luck with future endeavors.”