Tim Trotter, founder of Ludgate Group, is taking a back seat in the
company and will also leave the board of Ludgate’s parent PR company
Weber PR Worldwide.
His decision comes a year after the Ludgate Group was bought by
McCann-Erickson for an estimated pounds 10.5 million. It was then
integrated into Weber with Trotter operating as deputy chairman of Weber
under chairman Larry Weber.
Trotter is also chief executive of the Ludgate Group which has offices
in London, New York, Frankfurt and Hong Kong. But from 1 May he becomes
non-executive chairman of Ludgate Group.
This is his first move toward leaving the agency he formed in 1991
following a buyout of the PR division of advertising agency Hill
He said: ’In the short term I will be considering other non-executive
positions and may look outside the communications world.’
Trotter has a reputation as an operator with first class City
He has built Ludgate from a London-based agency with fee income of
pounds 1.2 million in 1991 into a group with worldwide fee income of
around pounds 12 million and 150 staff.