NEWS: Marckus is lured from Times by Pendragon

Luther Pendragon, the self-styled media management consultancy, has signalled its expansionist intentions with the recruitment of Times City editor Melvyn Marckus.

Luther Pendragon, the self-styled media management consultancy, has

signalled its expansionist intentions with the recruitment of Times City

editor Melvyn Marckus.



Agency MD George Pitcher said he hoped that Marckus, who is believed to

have been offered a salary of around pounds 200,000, would be the first

of a number of key appointments.



‘We had a very good 1995. We made ourselves cash rich in order to make

such significant appointments. They won’t necessarily be individuals -

we might be buying some teams or even some corporate entities,’ said

Pitcher.



‘There are very good outfits out there that need critical mass and we

could provide it.’



Pitcher said that Marckus’s recruitment gave Luther Pendragon ‘clout’ in

the financial and City arena. He said: ‘Over the next 12 months we hope

to increase our operations in this area and Melvyn’s appointment will

accelerate that process.



‘He will provide us with a developmental ability in the City and

financial markets that will prove very useful.’



Pitcher said it was also intended that Marckus, with his network of

clients and his experience, would play a key role in developing new

business and in providing sound, strategic advice on the City and

business media.



Marckus, who will be joining Luther Pendragon in the near future, has

been writing for national newspapers for 34 years. Before joining the

Times in 1993, he was City editor on the Observer for 11 years, prior to

which he was at the Sunday Telegraph for ten years. He has also worked

at the Daily Express, the Daily Mail, the Guardian and the Scotsman.



Luther Pendragon was set up four years ago by Pitcher, a former Observer

industrial editor, and Charles Stewart-Smith, previously editor of News

At Ten.



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