After 12 years of growing Creston and subsidiary Unlimited Group holding company, Group CEO Barrie Brien is stepping down. The move follows the firm’s sale to DBAY Advisors last year for and estimated $95 million.
Creston sold to DBay Advisors in 2016 for £75.8m and then became a private company.
Brien will assist in an “orderly transition” until the end of April 2017. The company declines to speculate on potential successors.
Brien said: “I am extremely proud of what we have achieved at Creston and with the Unlimited strategy we have built a marketing communications group leading the way in helping clients with the wide and varied challenges they are facing in this digital world.
“After the successful sale of the company at an attractive premium for shareholders and agreeing the next phase of the Group’s journey, I believe now is the right time in my career to seek new challenges. I am confident my colleagues, along with DBay’s support, will build on the success we have achieved to date.”
A statement from DBay said: “DBay has been a long term shareholder and enthusiastic supporter of Creston and we understand and respect Barrie’s decision to leave for new challenges at this juncture in Creston’s journey.