Hugh Salmon is resigning as managing director of Summerfield Wilmot
Keene and may follow his departure by launching a start-up.
Salmon, who will quit SWK when his contract expires in November, said
this week that he had been offered financial backing to either buy into
an agency or launch one of his own.
Salmon, 42, joined SWK in November 1997, ending a five-year exile from
the business caused by a legal battle with Interpublic Group. Since then
he has helped put the agency back on an even keel after its troubled
launch and prepare it for its acquisition last year.
The sale of SWK to the 10 Group, a listed acquisition vehicle which owns
the Brunnings agencies in Manchester and Birmingham, is thought to have
been the catalyst for Salmon’s decision to go it alone. He said: ’I’m
very proud of the job I’ve done at SWK but I now feel the time has come
for me to move on.’