NEW YORK, Dec. 17, 2014 /PRNewswire/ -- Alain Groenendaal, President and CEO of Grey Latin America, announced today that Maximo Lorenzo has joined the agency as Chief Executive Officer of Grey Argentina, a new position.

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The company also announced the promotion of Pablo Sanchez Rubio, current CFO of the agency, to the added post of COO (Chief Operating Officer) in recognition of his outstanding leadership and performance.

Lorenzo will partner with Diego Medvedocky, Grey Argentina's award winning and recently promoted VP and Executive Creative Director, and Pablo Sanchez Rubio, CFO/COO to further develop the growth of Grey in Argentina.

"Maximo is a pacesetter in integrated communications and a champion of superior creativity," Alain Groenendaal said. "He brings an energy, drive and passion for our business that will leverage the power of the strong talent we have in place at Grey Argentina."

Groenendaal added "Pablo for many years has been not just the financial steward but also the heart and soul of the agency, so it is with great pride that I am expanding his role. With this new leadership team, I am sure we can expect great things of Argentina."

Maximo Lorenzo said, "It is a delight for me to return to Grey which continues on its tremendous trajectory of global success. I am very proud to lead Grey Argentina's young, talented team. We have great creative work, stellar clients and a hunger to grow in this market."

Pablo Sanchez said, "We are very pleased about the start of this new stage for Grey Argentina, I am proud to be part of this great team and to continue positioning Grey as one of the best agencies in Argentina."

Maximo Lorenzo: An Innovative Brand Builder

Maximo Lorenzo began his advertising career in account management in 1989 with stints at JWT, McCann and Grey Argentina. Joining the client side in 1995 in brand management at Gillette Argentina, he went on to a stellar nearly decade-long career at McDonald's Corporation in Latin America and the United States, rising to the post of Latin America Zone Marketing Director. Since 2007, Lorenzo has served in senior regional management roles at promotional and digital companies, Creata Latin America and The Marketing Store Worldwide, based in Argentina.

Importantly, he has also contributed to the success of such leading marketers as Kellogg's, Cadbury, Danone, General Motors, Braun, S.C. Johnson, IBM and Chase Manhattan Bank.

Pablo Sanchez Rubio: Promotion

Pablo Sanchez Rubio has worked in advertising for the past 20 years, beginning his advertising career at IPG, where he was Controller for the Momentum and MRM businesses.

A 12-year Grey veteran, Sanchez has served as Controller of Grey Argentina; Controller of the Grey Latin America region; Chief Financial Officer of Grey Chile and in his current post since 2010.

Montserrat Villafane Molina, who has served as General Manager since July 20(th) 2011, has decided to leave the agency, capping a highly successful tenure.

Alain Groenendaal said, "Montserrat has been instrumental in the growth, creativity and vitality of our operation. She has our gratitude and best wishes for much happiness, having chosen to spend time with her young family."

About Grey

Grey is the advertising network of Grey Group, one of the largest global communications companies and part of the WPP Group (NASDAQ: WPPGY). Under the banner of "Grey Famously Effective Since 1917", the agency serves such blue-chip multinational clients as Procter & Gamble, GlaxoSmithKline, Diageo, HSBC, Pfizer, Canon, 3M, Boehringer Ingelheim, Vodafone and Volvo. (www.grey.com)

Grey was selected "Global Agency of the Year 2013" by Adweek.
Grey was recognized as "Agency of the Year 2014" by Advertising Age.
Grey was included among the 50 most innovative companies in the world by Fast Company magazine.
Grey was recently named "Global Advertising Network of the Year 2014" by Campaign magazine.

About Grey Latinoamerica and Grey Argentina

Grey is present in 12 countries in Latin America and has experienced tremendous growth over the past two years. Grey Latin America offers integrated marketing and communications services, focusing on effective creativity that gets people talking. In 2014, it obtained 13 Lions at Cannes and 27 Effies at a regional level. Grey Latin America handles a great variety of internationally recognized brands such as Pantene, Gillette, Febreze, Sensodyne, HSBC, Heineken, Sony PlayStation, PayPal and TIGO among others.

Grey Argentina serves many of the world's best known companies: Procter & Gamble, Coca Cola, Kellogg's, GlaxoSmithKline, HSBC, LG Electronics, Comedy Central and Hospital Aleman. Grey Argentina was selected as "Agency of the Year 2014" by El Diente, Argentina's Creative Circle awards.

Contact: Owen Dougherty
212-546-2551
odougherty@grey.com

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SOURCE Grey