Sir Frank's partners keep him waiting

by John Tylee, Campaign 09-Dec-05

Sir Frank Lowe's potential partners were this week keeping him waiting to find out if they would join his start-up, which has plundered Lowe's £50 million Tesco account.

Paul Hammersley, the DDB London chief executive, and David Hackworthy,
his chief strategic officer, have been slated to take leading roles in
the new shop with Sir Frank and the former Lowe London chairman Paul

Weinberger.

But as Campaign went to press neither man (both at a DDB meeting in the
US), had quit.

Nor had Mark Cadman, the JWT managing director. He is said to be
weighing up the prospect of promotion at JWT against an equity stake in
the start-up. Ed Morris, Lowe's executive creative director, has also
been approached.

Meanwhile, it is believed Sir Martin Sorrell, WPP's chief executive, has
had talks about his possible involvement, but nothing has been
agreed.

Lowe's 20-strong Tesco account team is expected to be offered jobs by
Sir Frank.

Besides Tesco, the agency could launch with business from Heineken and
Olympus.

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