‘It is time to move on,’ he said. ‘There are a lot of interesting things for me to do.’
However, he declined to comment on the reasons behind his resignation or where he would be going next.
CDR deputy chairman Jonathan Clare said: ‘There are no big issues here. Andy has simply decided that it is time to move on.’
Cornelius, who was formerly business editor of The Independent, was based in CDR’s financial group and most recently worked alongside Clare on PR surrounding the takeover of Chelsea Village and Chelsea Football Club by Russian billionaire Roman Abramovich (PRWeek, 10 July).
The merger of the previously autonomous Citigate Technology into CDR was also announced this week.
The 23-strong tech group, which is led by managing director Suzi Frith, has now been merged with CDR’s corporate group. The new 47-member unit will be jointly run by Frith and corporate group MD Jonathan Flint.