Ex-Wolf Cleveland Execs Buy Out Agency

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The Wolf Group Cleveland is now Melamed Riley Advertising following a buyout by the agency’s top executives.

The buyout, completed late last month, followed the late-January collapse of the shop’s parent, Toronto’s Wolf Group Integrated Communications. The agency, originally called Meldrum & Fewsmith, was acquired by Wolf in 1997 and renamed.

Keeping their titles, the new owners are president Sarah Melamed, 44, executive creative director Rick Riley, 43, and chief financial officer Chuck Hurley, 63.

As part of the deal, the new shop took on an undisclosed amount of media debt owed by Wolf when it closed, said Melamed, who declined to divulge further details of the buyout.





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