Cathy Pittham, director of hi- tech and consumer agency Spreckley
Pittham, has quit the agency after nine years and sold her stake in it.
Pittham resigned as director at the end of last year but officially left
the company as an employee this week after four month’s maternity leave.
Before leaving Pittham also sold her 30 per cent stake in the company to
fellow director Mike Spreckley who now becomes the agency’s sole owner
Pittham said the parting had been entirely amicable but was prompted by
fundamental differences over the future direction of the consultancy,
which dropped from number 60 to 81 in this year’s PR Week Top 150
rankings. Fee income was down by 21 per cent from pounds 1,021,655 in
1994 to pounds 806,299 in 1995.
‘We felt we had come to a parting of the ways in the way we felt about
PR,’ she said. ‘My specialism is the hi-tech and business-to-business
area whereas Mike’s expertise lies in the consumer goods market. My area
requires a different approach from the one we had at Spreckley Pittham.’
Pittham remained tight- lipped about her plans for the future, but
denied that she had quit the PR business for good.
Spreckley said clients had been fully informed of Pittham’s decision to
leave and that business remained unaffected by her departure. ‘Business
is as buoyant as ever and we are winning business at a pretty good
rate,’ he said.
He added that he did not intend to change the agency’s name or its
ownership structure, but did not rule out more directors eventually
being recruited internally.