2 Execs Resign From Lowe in London

NEW YORK Mark Cadman, managing director of Interpublic Group’s Lowe in London, quit this week, a few days after the resignation of planning director Russ Lidstone, an agency representative confirmed.

Cadman’s next move could not immediately be determined. Lidstone, who resigned on Friday, is heading to WPP Group’s JWT in London where he will become head of account planning, JWT confirmed.

The abrupt exits come just a few weeks after Lowe worldwide CEO Tony Wright named Garry Lace CEO of the London office and grabbed the attention of IPG CEO Michael Roth, who happened to be in the U.K. to visit IPG agencies and clients. Sources said Roth’s trip had been planned weeks in advance. It is believed, however, that his presence will help reassure Lowe London clients.

The office has been beset by losses in the past year, chief among them HSBC Group, Unilever’s Surf, Diet Coke and Gillette’s Braun. Among its largest remaining clients are Unilever, U.K.-based retailer Tesco—a pan-European creative account with billings estimated at $80 million—and Stella Artois.

Lace, a former CEO of Grey in London who started last week, was appointed on Jan. 12, the same day London chairman Matthew Bull advanced to worldwide creative director.