Sir Frank's partners keep him waiting
LONDON - 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 £50m 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.
If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the Forum.
This article was first published on Campaign
Latest jobs Jobs web feed
- Graphic/Web Designer fishtank 17k to 27k per year GBP, United Kingdom
- Head of Media, Marketing & Communications PGA Competitive, Sutton Coldfield, West Midlands
- senior planner > SPORTS BRANDS collectivo Up to £90,000 plus benefits, London
Integrated digital marketing offers huge opportunities to engage, servic...
With UK consumers spending an average of £1,083 a year online, int...
The pressure is on for marketers and mobile operators to embrace a strat...
As a nation, the UK is media and technology obsessed with over half of t...
All customers have the potential to become your brand advocates, driving...
A recent Brand Republic survey revealed that 78% of respondents felt und...