NEW YORK: Cognito president Dan Simon and Binna Kim, MD for New York and the US market, stepped down from their respective roles after about 10 years at the agency.
Agency founder and CEO Tom Coombes confirmed Simon’s and Kim’s departures and said in a statement that the firm wishes them well.
Gregory Papajohn, director in the New York office, will be the interim MD, said Coombes. No one will serve as acting president, and the agency has no plans to fill the role. Simon’s previous duties will be handled by the executive management team, including Coombes.
Cognito hired Papajohn, who was previously the corporate communications lead at Golin, in November. Eric Hazard also joined the firm as VP from Articulate Communications.
"We have significantly strengthened our leadership team in New York, London, and Singapore," Coombes added in the statement.
Simon took the helm at Cognito in 2005, according to his LinkedIn profile. His profile has since been updated to say he is a senior financial communications professional and consultant.
Kim joined Cognito in 2006, according to her LinkedIn profile. It now says she is a financial services communications consultant.
Simon and Kim were not immediately available for comment.
Last year, Cognito repositioned itself with a new brand identity to highlight its integrated approach to financial communications.