Door closes for the final time on Frew Macmaster

Investor relations specialist Frew MacMaster has been wound up after the departure of its founder and directors.

Investor relations specialist Frew MacMaster has been wound up

after the departure of its founder and directors.



Although Anita Frew remains a non-executive director of parent company

Abbott Mead Vickers (AMV), she left Frew Macmaster last month to return

to university. Following her departure its directors went their separate

ways. Hilary Nabarro moved to Royal and Sun Alliance, Amanda Peachy is

now working for Tesco, Susan Sissons moved to construction company

Taylor Woodrow and chairman Peter Quinnen has retired.



The company was set up by Frew and Kirsty Macmaster in 1990. The

founders were both trained as fund managers and built their business

into one of the most successful IR agencies, alongside Makinson Cowell

and Thomson Financial.



At its height the group had a turnover of pounds 2 million and its

clients included Guinness, Sears, Severn Trent, Midland Electricity and

GKN. Advertising group AMV held a 30 per cent share of Frew Macmaster

from its inception, and has gradually bought out the whole company.

Macmaster left the agency in 1997 to go to the Mirror Group, and has now

set up her own agency, Macmaster and Company. AMV itself was bought by

Omnicom earlier this year.



Frew began work as a fund manager at Scottish Provident and was

persuaded by Martin Sorrel to become director of corporate development

at WPP, before setting up the agency.



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