WRG has announced that following the successful management transition of WRG since the investment by LDC in 2011, Mark Wallace is stepping down as Chairman of WRG Communication Ltd and as a director and executive of the WRG Worldwide board and its associated subsidiaries.
David Sharrock assumes the role of chief operating officer worldwide and sits on the executive board along with founding directors Carl Halliday, Nigel Bale, Chris Gosling, plus Tim Elliott.
Commenting on his departure, Wallace said: "I am very proud of the WRG team and what we together have created. I wish the staff and directors great success in the future."
Non-executive chairman, Jim Faulds, adds: "The future is very bright for WRG group. The executive team is focused on delivering our strategy of continued growth in overseas markets including North America and Asia.
"Following our successful entry into the Hong Kong market, plans are now underway to launch an agency in China. We continue to expand our offering to meet client demand, which is paying dividends, with our healthcare division in particular performing ahead of expectation."