The three times married former chairman of Wasey Campbell Ewald presided over Wasey when it was a "nursery school" for some of the ad industry's most famous names.
David Kershaw, an M&C Saatchi founding partner, Jim Kelly, the Rainey Kelly Campbell Roalfe/Y&R joint chief executive, Andy Law, who helped establish St Luke's, and Amanda Walsh, the former managing partner of Walsh Trott Chick Smith, all gained their earliest insights into the advertising business at what was then the Interpublic group's second-string agency.
Goodson studied at the London School of Economics and rose to the top role at Wasey via its media de-partment to form a management triumvirate with Hugh Burkitt, the managing director, and Len Weinreich, the creative director.
Today, Goodson is best remembered for his penchant for fat cigars, his reputation as a ladies man and as a bon viveur.
Kelly said: "Colin was the quintessential agency chairman who exuded power but in a very understated way. He was larger than life and the possessor of a sharp and dry wit."
A memorial service will be held at St Dubricious Church, Porlock, on Tuesday 6 May at 2.30pm.