Cheil Worldwide has promoted Jeongkeun Yoo, formerly executive vice president and head of business, to president and chief executive, effective immediately.
The company said its prior president and CEO, Daiki Lim, , had "expressed his decision to resign" and recommended Yoo as his successor. Lim presided over one of the agency's most significant moves of recent years, its .
Yoo joined Samsung-owned Cheil Worldwide in 1987 as an account executive and has worked in various positions including planning, sales and creative.
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