16 January 2012 - 9:09am | posted by | 0 comments

Jeremy Middleton departs as non-exec director of Fuse8 following buyout deal

Jeremy Middleton departs as non-exec director of Fuse8 following buyout dealJeremy Middleton departs as non-exec director of Fuse8 following

The acquisition of Fuse8 by founders Mark Walton and Andy Hutchinson from its parent company, will see the departure of one of its non-executive chairman Jeremy Middleton, although another non-executive, Graeme Burns will continue.

Former Media Square chief executive Middleton joined Fuse8 as a non-executive chairman in September 2009, working alongside the agency’s senior management team as it joined AIM in 2010.

Last year, the agency delisted from the stock exchange however after it discovered that its financial targets would not be met.

The buyout of Fuse8 from parent company Fuse8 ltd by the founders will see Middleton depart the agency, although Graeme Burns will remain involved at a board level, Hutchinson informed The Drum.

“From a day-to-day perspective there will be absolutely no changes to the way fuse8 currently works. However, in the future, we shall be able to undertake more investment in the development of the business,” added Hutchinson.

“Our team remains unchanged and we are here to deliver the same award-winning, results-driven work that we have become known for.”

Don't miss out... Get your Digital news by email

Be the first to comment on this article: sign in or register.

Latest Projects from the Profile Hub

Agency51 Design & Development - Women Make Waves

22/07/2014
Challenge. Women Make Waves is a new online blog network...

Swoon Editions

22/07/2014
The Client Swoon Editions is an online furniture brand that...

Asda Store Proposition Intranet

17/07/2014
The Client Asda is Britain’s second largest supermarket...

Timberland Apparel merchandising

15/07/2014
Six large installations in Milan for footwear and apparel....

Hudson Fuggle: Case study

15/07/2014
We spoke to Sue Higgins Finance Director at creative agency...