AAA People – Page 292

WPP Digital: Eyes on the digital age

The corporate venturing strategy of UK-based communications services group WPP was handed a big win last year when it sold US-based social marketing company Buddy Media to US-based cloud technology company Salesforce for $745m. Mark Read, chief executive of WPP Digital, said 32% of WPP’s portfolio was digital, adding “one of the things we are… Continue reading WPP Digital: Eyes on the digital age

Shiff resigns at Telstra

Deena Shiff (pictured), head of Australia-based phone operator Telstra’s corporate venturing unit, has resigned. Shiff, who led Telstra’s A$50m ($52m) Application Ventures Group (AVG), has resigned but will be available as an adviser, according to news provider Australian. Matthew Koertge, managing director of AVG Australia, and Mark Sherman, his counterpart in the US, will jointly… Continue reading Shiff resigns at Telstra

Adachi chairs Asia trade body

The Asian Venture Capital Private Equity Council, a regional association of national trade bodies in the industry, has elected Toshihisa Adachi (pictured), president of Japan Venture Capital Association, as its first chairman for a term of 2012-2013. Adachi is also president and chief executive of trading group Itochu’s corporate venturing unit, Itochu Technology Ventures, that… Continue reading Adachi chairs Asia trade body