SAN MATEO, CA: Bob Angus will step down as president at A&R Edelman in May, giving up day-to-day management of the tech firm he cofounded and sold to Edelman in 2006. He will also relinquish his role as chair of Edelman's global tech practice at that time.
Todd Irwin, GM and EVP, is handling daily operations of A&R, effective immediately. Angus will serve the firm in an advisory role as chairman.
Angus cofounded A&R Partners in 1986, and two decades later, Edelman acquired the Silicon Valley-based technology firm in a deal aimed at building and stabilizing Edelman's Bay Area presence and technology offering. Angus took on the role of Edelman's global technology practice chair shortly afterward. He said his exit was part of a transition the firm had “been planning for a long time.”
Pete Pedersen, Edelman's global client lead for Microsoft, will take over as practice chair.
Edelman president and CEO Richard Edelman noted that the firm's tech practice has grown “around 50% in the period of time,” constituting 15% of its overall business.
Pedersen added that Edelman plans to “continue to grow our talent base” in tech throughout the agency.
UPDATE: Angus was initially expected to retain his title as president of A&R Edelman while working as an adviser, but the firm has since clarified that his title will be "chairman."