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Momentum Restructures: CEO/CFO Forced Out

Momentum North America has "eliminated the positions" of CEO, Mark Shapiro and CFO Jerry Best, both of whom worked from the St. Louis office. "It's a restructuring to give the heads of the offices who are in close contact with clients greater responsibility," said Susan Irwin, a spokesperson for McCann-Erickson. Momentum is a McCann-Erickson WorldGroup company. The cuts took place May 2. Momentum

Momentum North America has "eliminated the positions" of CEO, Mark Shapiro and CFO Jerry Best, both of whom worked from the St. Louis office.

"It's a restructuring to give the heads of the offices who are in close contact with clients greater responsibility," said Susan Irwin, a spokesperson for McCann-Erickson. Momentum is a McCann-Erickson WorldGroup company.

The cuts took place May 2.

Momentum has offices in Atlanta, Detroit, Houston, Milwaukee, New York City, San Francisco and St. Louis.

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