Prezence has announced the resignation of its CEO Prakash Patel and the appointment of a new management team to take the agency into its next phase of growth.
Prezence which is owned by Primedia has appointed Manny Texeira as acting CEO effective 1 March, while Chris Vermeulen has been appointed chief operating officer for the company effective immediately.
Prakash Patel, who has served as CEO of Prezence for the past two years has resigned to pursue other ventures. George Reed, the deputy managing director, will be leaving to pursue work outside of digital agency life after eleven years at the company.
A former COO of Ster Kinekor and founder of Spectrum, Texeira has been with Primedia since 2007, most recently serving at an executive level in Primedia Digital responsible for acquisitions and business development.
Executive chair of Primedia Digital Michael Markovitz says the new management team is mandated to deliver on the fast changing needs of the digital economy for Prezence clients. "I wish Prakash Patel every success in the future. Likewise George Reed has been a part of the Prezence family for a very long time and we understand his wish to explore a career outside of a digital agency. He goes with our sincere thanks and best wishes."