MindShare has ended its six-month search for a director of
investment with the appointment of MediaVest UK's deputy managing
director, Nick Theakstone.
The investment director role was created when MindShare restructured
earlier this year following the managing director Simon Rees' promotion
to replace Mandy Pooler as chief executive.
Five director roles, including the new investment director post, were
formed to replace the managing director role.
Three of MindShare's 17 managing partners took the top slots - Simon
Francis as director of futures, Rosie Faulkner as communications
director and Jed Glanvill as director of mdigital.
Colin Barlow, the finance director, is the fifth director in the top
layer of management.
As investment director, Theakstone will oversee the buying and
negotiation functions and also look for new areas of opportunity for the
Rees said: "Nick's task is to define the trading policy of the future
and to lead the way in which multimedia deals, with ever more
consolidated media owners, are structured."
Theakstone said: "MindShare is one of those companies as a competitor
you don't want to be up against. Joining it is extremely exciting and
offers a rare opportunity to be part of such a potent team."