Vizeum chief steps down from Aegis after 27 years

Vizeum chief executive Eric Drancourt is retiring from Aegis Media after 27 years this summer. Drancourt, who was behind the launch of Vizeum as an independent global network in 2002, will not be replaced.

He joined Aegis in 1980 when Carat forerunner Media Europe was founded and he is credited with creating Carat’s European network, through start-ups in Italy and Spain, and acquisitions in the UK, Germany, Belgium and Scandinavia.

He later established and ran Carat International, now Carat Global Management, as chief executive and chairman.

Previously, Drancourt was managing director of Grey France after starting his career at Young & Rubicam.