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Media Lifeline: Garry Lace.
Admedia's controversial new managing director has taken a major equity share in the business.
May 2001: A start at Saatchi & Saatchi, then to Euro RSCG Wnek Gosper; by 1998 Garry Lace is at TBWA GGT Simons Palmer. He shins rapidly up the greasy pole: a managing partner in 1999; the joint managing director with Johnny Hornby in 2000; chief exec in 2001.
October 2002: But Lace shocks the industry when he's lured across town to fill the long-vacant chief executive role at the deeply unfashionable Grey Worldwide London. The remuneration package (said to be in the vicinity of pounds 800,000) is believed to have helped. Reporting to Grey's global boss, Ed Meyer, Lace's challenge is to turn around the lacklustre creative reputation of Grey London.
March 2004: Lace parts company, mutually, with Grey, following a surreal episode involving a police investigation into a 'prank' e-mail suggesting Lace was about to set up in business with one of Grey's clients. During his tenure, described in a Grey statement as one of the agency's 'most successful' periods, Lace had made more than 50 staff redundant.
May 2006: Lace made a sensational ...
- Interpublic and Garry Lace close to final settlement.(Interpublic Group of...
- Magazine article from: Marketing Week May 11, 2006 700+ words
...decision on the future of Lowe London chief executive Garry Lace nearly a month after the...instigated against him by Lowe London ten weeks ago has failed...executive Steve Gatfield and Lowe London managing director Chris Hunton...
- DFGW: Lowe 'spun' the truth about breakdown of merger.(Duckworth Finn Grubb...
- Magazine article from: Marketing Week December 8, 2005 700+ words
...withering attack on beleaguered Lowe London following the breakdown of a...In light of these events, Lowe London can also confirm that it is...opportunity to help Lowe's chief, Garry Lace, reinvent Lowe London, but it didn't work out...
- Analysis: Lace is to sort out Lowe in Europe, but bigger questions loom.(Garry...
- Magazine article from: Marketing Week November 17, 2005 700+ words
...its ailing European network by handing Garry Lace, chief executive of its London office...a stronger new business culture into Lowe London, though his appointment led a number...question how Lace will have time to revive Lowe London while overseeing seven western European...
- Lowe London in full-scale crisis.(The World: Ad Age Global News & Data)(Brief...
- Magazine article from: Advertising Age Hall, Emma February 7, 2005 700+ words
...million U.K. account. Over the last two years, Lowe London has lost much of its General Motors Corp. and...until the end of 2005. In a controversial move, Lowe London last month hired Garry Lace, who left his job as chief executive of Grey...
- Lowe London CEO To Leave Company.
- Press release article from: Business Wire May 10, 2006 700+ words
NEW YORK -- Lowe London confirmed today that, following a period of suspension, Garry Lace has resigned from the company with...above, the matter is confidential. Lowe London is a part of Lowe Worldwide, a unit...
- The World: Suspended CEO of Lowe London quits.(Chief Executive Officer resigned...
- Magazine article from: Advertising Age May 15, 2006 700+ words
...Laurel Wentz [london] Lowe London is searching for a new...departure last week of Garry Lace, who had been suspended...new agency but taking Lowe London's biggest account...Neither the company nor Garry Lace will be making any further...
- The Player: Lace intends to put Grey's London office back on map; CEO is...
- Magazine article from: Advertising Age May 26, 2003 700+ words
...the process of radical change, thanks to its whirlwind CEO Garry Lace. When Mr. Lace, 35, joined Grey in November last year...the name Grey to be seen as ironic.'' Fast Facts Name: Garry Lace Age: 35 Now: CEO, Grey Worldwide, London Challenge: To...
- ADVERTISING: Garry Lace agency start-up lands Thomas Cook business.(Brief...
- Magazine article from: Marketing Week Alarcon, Camille July 23, 2009 700+ words
...bankruptcy but the tour operator says it is unaffected by the action. Campbell Lace Beta was launched in May, founded by Garry Lace, a former Lowe chief executive, and Robert Campbell, co-founder of RKCR/Y&R. The start-up was recently on...