Cordiant Communications has chosen Nigel Stapleton to be the company’s next chairman, replacing Charlie Scott who announced his intention to step down last September (see Cordiant Chairman Follows Bungey And Jumps Ship).
Stapleton, who was formerly joint-chairman at Reed Elsevier, will take the helm on March 1. He is charged with the responsibility of reversing fortunes at the advertising group which has seen profits and share prices plummet in the last two years.
The new chairman will work alongside David Hearn who took over as chief executive at the start of the month (see Hearn Replaces Bungey As Chief Of Cordiant Comms).
