The Communication Group deputy chairman and financial division chief executive Alex Mackey has quit after just seven weeks.
It has emerged that Mackey, who sold his investor relations company Catullus Consulting to TCG in September (PRWeek, 5 September), left the organisation three weeks ago.
‘I can confirm that I have left TCG and have repurchased the goodwill that I had with my company Catullus,’ Mackey said.
TCG chairman Maureen Smith said she and Mackey had had a ‘culture clash’ and had ‘mutually agreed to part’.
Mackey’s exit is the fourth senior level departure to hit TCG this year.
Political division MD Ian Lindsley and divisional director Anthony Painter left to set up their own PA consultancy last month (PRWeek, 24 October), while Michael Hayman, managing director of the corporate division, joined Hill & Knowlton in May (PRWeek, 16 May).
Hayman has since been replaced through the internal promotion of Francesca Ashby-Rudd, while TCG has hired Edelman account director Ben Abbots to replace Painter. TCG is still looking for a head of the political division.
TCG has also hired Burson-Marsteller director Duncan Hart as director of the company’s corporate division.
Earlier this month TCG lost its financial PR account with track-side gambling company Wembley to College Hill Associates. In August College Hill also poached TCG’s financial PR account with brewer Eldridge Pope.