New Ad Agency Emerges From a Denver Dustup

A battle between executives at Thomas & Perkins has spawned a new ad agency in Denver: Thomas Taber & Drazen.

After a falling-out with partners Herb Allison and David Scheidt, Thomas & Perkins president Bryan Thomas left the shop he founded in 1984 and formed a new agency. “Because of the economy, there was a lot of pressure to restructure from the top,” he said. “I put in a plan, and together they put in a plan. I drew the short straw.”

Allison and Scheidt could not be reached for comment.

Thomas’ shop was founded four months ago as Thomas & Taber with managing partner Bob Taber. It has already changed its name to Thomas Taber & Drazen with the addition of managing partner and chief creative officer Mike Drazen, who most recently held the same title at Earle Palmer Brown in Phila delphia.

TT&D now has six staffers, all from T&P ex cept for Drazen.

“[Mike] brings such a wonderful pedigree of experience and talent,” said Thomas. “I think he will have a great impact.”

Drazen, a native New Yorker and 30-year ad veteran, said he declined to stay on at EPB after it sold its Philadelphia office this summer to Dudnyk Advertising & Public Relations. “Relocating to a place that had a whole other kind of lure was quite attractive,” he said. “There has not been a true national player in this marketplace. This feels like a wonderful opportunity to build a world-class agency in this area and have fun living here at the same time.”

TT&D’s other employees are partner Daphne Fink, vp of advertising Sheila Rosen and Mark Severts, who heads public relations.

The shop’s clients include Tucanos Brazilian Grill, which had been a T&P client, as well as LongHorn Steakhouse, Colorado Farm Bureau Mutual Insurance Co., Lockheed Martin Space Systems Co. and Calpine Corp. Thomas said he is in talks with other T&P clients.

The agency is looking to add three to six more people soon and hopes to have billings of $20 million within a year. It is outsourcing media, but Thomas said he intends to bring that in-house “as quickly as possible.”