M&C Saatchi Plc said on Tuesday that it named former Imperial Brands Plc chief executive officer Gareth Davis as its deputy chairman.
The agency, founded in 1995 by brothers and advertising moguls Maurice and Charles Saatchi also said Colin Jones, the former finance director of Euromoney Institutional Investor Plc, will join the company as chairman of audit committee on Feb. 3.
The appointments come after half of the advertising agency's board resigned in December, days after the company issued its second profit warning.
(Reporting by Rishika Chatterjee in Bengaluru; Editing by Bernard Orr)
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| 184 GBX | +1.10% | +0.27% | 277M | ||
| 358.6 GBX | -10.26% | -13.00% | 6.86B | ||
| 1,460 GBX | -.--% | +0.27% | 1.95B | ||
| 1,774 GBX | +1.46% | +3.44% | 18.65B | ||
Gareth Davis is a businessperson who has been at the helm of 7 different companies. Presently, he holds the position of Independent Non-Executive Chairman at M&C Saatchi plc. Mr. Davis is also on the board of Gresham House Plc. In the past he occupied the position of Director at Ferguson Plc Chairman at Ferguson Holdings Ltd. and Chairman of Wolseley Ltd. (both are subsidiaries of Ferguson Plc), Chairman for DS Smith Plc, Non-Executive Chairman for William Hill Plc, Chief Executive Officer for Imperial Brands Plc, Group Product Data Director at Kingfisher plc and Deputy Finance Director at UBM Plc. Mr. Davis received an undergraduate degree from The University of Sheffield.
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