NEWS: Top names depart Director magazine to launch new title

Director Publications, which produces Director magazine and is a subsidiary of the Institute of Directors, has lost its managing director, ad director and editor through resignations.

Director Publications, which produces Director magazine and is a

subsidiary of the Institute of Directors, has lost its managing

director, ad director and editor through resignations.



The three are planning to set up a new publishing company, which is as

yet unnamed.



It will be run by the former managing director of Director Publications,

Mike Bokaie, who was also the IoD marketing director, together with the

former ad director, Kate Pennington, and the former editor, Stuart Rock.



The departures come as the IoD reorganises its commercial activities

into a new subsidiary, IoD Enterprises, which will include Director

magazine, as well as conference and training.



It is understood that the three are working on the launch of a new

title. Bokaie would not comment on its nature but it is thought that it

will be unrelated to Director, which competes against the Haymarket

Publishing title, Management Today.



‘We found that there were a number of people who were prepared to back

us. We will be looking at a number of projects,’ Bokaie said.



The resignations come on top of two other losses at Director. The

magazine is to lose its managing editor, Tom Nash, who joins Abbott Mead

Vickers BBDO’s contract publishing arm, Redwood, to edit a new BT

magazine, and the Director associate editor, Matthew Rock.



Brian Salter, the director of communications at the IoD, said: ‘We are

now recruiting a managing director.’



Director is published monthly and its most recent ABC for July ’94 to

June ’95 was 37,686.



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