Matt Pye, the Chief Operating Officer at Cheil UK, is leaving the agency after five years.
Pye’s departure comes soon after the appointment of Paul Hammersley as Group Chief Executive of Cheil UK in September. Cheil UK has gone through major management changes over the past year, with Malcolm Poynton joining as Global Chief Creative Officer and Catherine Davis as Chief Growth Officer.
Pye plans to take a short break “before looking for a new challenge”, according to a statement from Cheil.
Pye joined the agency as the Managing Director in January 2011 and was responsible for transforming it from its roots as a Samsung-based business into a company with a broad roster of clients including Coca-Cola, Absolut, Pernod Ricard and Descente.
In 2013, Pye was promoted to Chief Operating Officer and oversaw Cheil’s move to new headquarters in Southwark.
Paul Hammersley, the Group Chief Executive of Cheil UK, says: “Matt has played a huge part in helping transform Cheil to the agency it is today and I’d like to thank him for that. While we’ll miss him, we look forward to carrying on his good work.”
Before joining Cheil UK, Pye was a managing partner at Ogilvy & Mather. He also worked at Partners BDDH and started his career at Lowe Howard-Spink.
Matt Pye said: “I’ve had a wonderful time and, hopefully, I’ve left the agency in a far better position that when I arrived. It’s time for the next chapter and, with Paul at the helm, I’m certain the future is bright. I’m off for a little lie down followed by a fresh challenge.”