Banbury set to leave theMission
The Mission Marketing Group, the parent company of agencies such as Bray Leino and Big Communications, has announced that Martin Banbury will step down as a non-executive director and will serve a three month notice period.
Banbury founded themission in 2002 and since the IPO in April 2006 has gradually reduced his time commitment to the group in order to devote his attention to other interests, including relinquishing his executive status in January 2007. Banbury has since taken up the position of chairman and chief executive of MediaEquals – a new trading platform for traditional media.
Commenting Francis Maude, chairman, said: “I would like to thank Martin for his vision and energy in starting the success story of themission. On behalf of the Board, and all of the management team in themission, I wish him well in his exciting new venture. We look forward to doing business with him in the future at MediaEquals.”
Banbury added: "themission has become a substantial, profitable and well run company. Given the faith I have in the management team at themission and the substantial global media interest in the development of MediaEquals, it is appropriate and the right time for me now to focus my energy onto the new venture. I know that themission has a bright future.”