Jan Hall is awarded pounds 200,000 after job loss in GGT merger

Jan Hall has received pounds 200,000 in compensation after losing her job as European chief executive of GGT. Her role became redundant in April following GGT’s acquisition of the global BDDP network for pounds 96 million.

Jan Hall has received pounds 200,000 in compensation after losing

her job as European chief executive of GGT. Her role became redundant in

April following GGT’s acquisition of the global BDDP network for pounds

96 million.



The award pushed up the redundancy and merger costs of the GGT/BDDP

network, forcing the business into a net loss of pounds 100,000.



Despite the group’s overall losses, GGT’s underlying profits rose by 32

per cent to pounds 7.5 million in the year to 30 April, which takes into

account only two months’ contribution from BDDP agencies.



Hall was the first high-level casualty of GGT’s acquisition of BDDP.



Her main task was the development of business across Europe, which left

her out in the cold after the BDDP deal. At the time she would say only

that she felt it was time for a change.



The costs of integrating the two networks, estimated at just over pounds

8 million so far, are likely to continue eating into profits over the

next few years, although the company is expected to go into the black

next year.



GGT expects to spend another pounds 13 million on merger costs by the

end of 1999, and the merger of the GGT and BST-BDDP London offices is

expected to go ahead by the end of this year.



Hall, who is a well-known industry figure and one of the UK’s top

businesswomen, was at GGT for three years before she left last month.

She joined the agency from the design consultancy, Coley Porter Bell,

where she was the chief executive.



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