Christmas Stock picks: Vp 22/12/2011
Benefits of past investment will benefit Vp, suggests Les Copeland
An era has ended in financial public relations with the retirement of mining specialist Ron Marshman after 22 years at City of London PR. A former senior mining executive and journalist, Ron brought to his work patience and good humour, allied to real experience and genuine sympathy for those engaged in extracting minerals from the ground.
He has left at a new turning point for the company after another financial PR group, Lothbury, had merged its team with City of London’s people, only to be put into administration later by the company’s parent, City of London Group. Eric Anstee, City of London Group’s chief executive, decided to put the PR side into a joint venture with another PR group, Hansard Communications, but Lothbury’s founder, Michael Padley, and his colleagues rejected this and decamped under a new but similar banner.
Marshman, a loyalist, stayed on at City of London and up to his own departure was working with Justine James of Hansard to ‘migrate’ its clients to her outfit. He will be missed.
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