Square Mile has appointed former Ludgate Communications deputy
chairman David Simpson and director Terry Garrett as partners.
Both Simpson and Garrett take up directorships and will jointly head a
new division at Square Mile focusing on M&A work for large
’Traditionally Square Mile has not been as strong on M&A work. Both
David and Terry are extremely experienced in M&A, and financial PR per
se,’ said CEO Paul Philpotts.
Simpson and Garrett will seek to build their division through new client
wins and Philpotts expects them to employ five or six staff by the end
of the year. The agency’s existing client base falls into three areas -
financial, corporate and small companies.
Both appointees are former financial journalists on national
Simpson worked on the Observer and the Guardian, while Garrett is a
former journalist on the Financial Times and the Independent. They both
report to MD Tim Jackaman.
Ludgate announced late last year (PR Week 12 November) that Simpson and
Garrett, together with fellow director Michael Tate would leave to
’pursue other interests’.
All three were part of Ludgate’s special projects team, which ceases to
exist in the wake of their departures. Its activities have been absorbed
into other teams.