In the interim, members of the MPG management team will continue to operate as before, reporting directly to Fernando Rodes, global chief executive for MPG.
A replacement for Rose will be named soon, the company said in a statement.
Rose joined MPG in May 2002. He succeeded Antoni Rossich, who stepped into the position the previous November.
Prior to joining MPG USA, Rose was CEO at QXL Ricardo PLC, a Pan European e-commerce company that operated in 12 countries including the United States. Rose has also served as chief executive of United Information Group, a wholly owned subsidiary of United News & Media, a business-to-business publisher. Before that, he spent six years working for AC Nielsen.