Euro-JMCP Pact Trails Exec's Exit

Euro RSCG’s proposed acquisition of Procter & Gamble shop Jordan McGrath Case & Partners comes on the heels of this month’s departure of Euro vice chairman Steve Dworin, whose duties included servicing P&G accounts within Euro.
Dworin will not be replaced, a Euro spokeswoman said. His next move could not be determined at press time.
Both Euro and JMCP insisted that they chose each other to deepen their healthcare credentials, not to strengthen ties to P&G.
“Other [suitors] were more interested in bulking up or adding some Procter business,” said Abe Jones, managing director at Admedia Partners, advisor to JMCP on the deal.