NEWS: Grey chief prepares to leave MediaCom in restructure plan

Grey’s managing director, Nigel Sharrocks, is expected to step down as chairman of the agency’s London media shop, MediaCom, in the coming months, paving the way for a top-level rejig.

Grey’s managing director, Nigel Sharrocks, is expected to step down as

chairman of the agency’s London media shop, MediaCom, in the coming

months, paving the way for a top-level rejig.



Insiders say it is not known whether he will be replaced by the managing

director, Andy Troullides, or a high-profile individual from outside.



The move is likely to be one of a number of top-level initiatives at

MediaCom as it keeps pace with the increasing globalisation of clients.

This has already prompted the appointment, in March, of Mike Townsin as

a global media director for British American Tobacco, a role that he may

also fill on the SmithKline Beecham account.



SKB is reviewing its pounds 120 million media buying in Europe, but

denies changes are imminent in the UK. Nevertheless, Grey has sought to

strengthen its SKB line-up.



In the UK, the SKB account is run by Andrew Golbourne, deputy managing

director of MediaCom, and this is unlikely to change.



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