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Duncan out after Publicis slump.(Grant Duncan's resignation)

Campaign

| March 02, 2007 | COPYRIGHT 2007 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Departing Duncan accepts 'some responsibility' for the current problems facing the London agency.

Tim Lindsay, the UK group chairman of Publicis, is to take on Grant Duncan's duties at the flagship London agency, following the resignation of the chief executive.

The agency, which is making a number of redundancies, is under extreme financial pressure following a number of recent account losses, including MFI (pounds 27 million), Asda (pounds 43 million) and the Post Office (pounds 12 million).

Publicis claims that Duncan had already been considering resigning from the agency in order to pursue outside interests, and that he had decided his departure would alleviate the financial burden.

News of his resignation broke on Tuesday, when Campaign revealed the story on the Brand Republic website.

Lindsay refutes the claim that Duncan was forced out of the position. He said: 'He's been a real gent. He's been incredibly loyal and a great partner for the past three years. He's put the wellbeing of the agency before his own.

'There are still a few of us left on the senior management board who can take on the ...

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