The WPP-owned Red Cell network has culled the senior management of
its London office in what is being seen as a "deck-clearing" operation
in advance of an impending acquisition.
The casualties include Julian Saunders, who has been asked to step down
as the chief executive to become European strategic planning director,
John Trainor, the creative director, Simon Frank, the executive creative
director, and Michelle Katz, the new-business director. Four others have
also been axed.
A major factor in the decision is believed to have been London's loss of
income from the Bank of Scotland account, now handled almost exclusively
by the Red Cell operation in Glasgow.
Industry sources say the slimming down, which leaves 20 staff remaining,
will make it easier to conclude a deal with one of four London agencies
understood to be in takeover talks with Red Cell.
Sir Martin Sorrell, WPP's chief executive, is said to have given his
approval for the restructure of Red Cell in London which was set in
motion by Luca Lindner, the Red Cell chief executive, who is about to
John Wringe, Red Cell's chief operating officer, said: "With Red Cell's
acquisition of a New York agency now imminent, we need a strong London
agency and we haven't got the time to wait for organic growth."
As a temporary measure, Stuart Burnett, the creative director of
Perspectives Red Cell, will take creative control of the London agency.
It will be run by an executive committee including Wringe, Nick Kerr,
the managing director, and Kathryn Herrick, the network's chief