Leedex PR group managing director Jim Horsley has left the company
after two years, following a failed attempt to buy the agency out.
Director Sarah Muirhead has stepped up to replace him as managing
director of Leedex’s London office.
As well as overseeing London, Horsley was managing director of the
agency’s other offices, in Manchester and Bristol. He oversaw 26 staff
across the three offices and a total fee income just short of pounds 1.5
He will not be replaced in his group capacity. The heads of the regional
offices, alongside Muirhead, will now report directly to Leedex chairman
Horsley confirmed that he had been in talks with Morley over a potential
management buy-out of Leedex, but the deal had stumbled over logistical
difficulties relating to the Bristol office lease.
Morley also owns two marketing companies, TGA Chapmans and M&K
Horsley denied that there had been any specific falling out between
Leedex and himself, but that he was looking to run the agency
’For some time now, I’ve felt there was an opportunity to develop a
different kind of business,’ he said. ’I was looking at acquiring
agencies in specialist market sectors.’ He is now considering his
Horsley was brought in two years ago with a brief to strengthen bonds
between Leedex’s offices. During his time there, he has directed the
agency towards a specialism in food PR.
Muirhead has worked for Leedex for almost ten years, joining as an
account manager in the firm’s Cardiff office. As managing director, she
will oversee Leedex’s 15 London staff and clients including Weetabix,
Allied Bakeries, HFC Bank and Fox’s biscuits, the agency’s biggest