Cadman set for top London job at JWT
Lowe managing director Mark Cadman is being lined up for the managing director’s job at J Walter Thompson.
Cadman is understood to be leaving Interpublic Group-owned Lowe following the arrival of Garry Lace as chief executive. Cadman was promised the role himself before Lace joined the company and he is now thought to be considering suing Lowe for constructive dismissal.
A number of agencies have been trying to woo Cadman, but it is understood that WPP Group-owned JWT may have the edge. The agency has been looking for a managing director ever since the departure from the London office last year of Ros King, who took up the role of global business director on Kraft Foods for the agency in New York.
At Lowe, Cadman was responsible for running Tesco’s &£46.5m ad account. It was thought that the supermarket might call an advertising review following the recent turmoil at Lowe, amid speculation that chairman Paul Weinberger could also leave following Lace’s unexpected arrival. But last week, after a flying visit from Interpublic chief executive Michael Roth, Lowe issued a statement saying that Weinberger would remain as chairman and that Tesco “is happy to confirm an ongoing partnership” with the agency.