FCB eats McCanns

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Just in from Ed at Fastline:

McCann WorldGroup NZ is to be folded into FCB. (Both belong to the Interpublic Group.)

McCann MD Glenda Wynyard will not to be making the transition, and will leave to form her own media independent (with substantial backing).

Executives at both agencies could not be contacted today, including Wynyard, her recently appointed GM John McCarthy, FCB CD James Mok (who’s been handling media inquiries while the agency seeks a new MD), and FCB GM Brian van den Hurk.

Mok, however, flatly denied the rumour when Fastline put it to him on Monday.

FCB will cherrypick the clients and staff it wants, who will move into the FCB building in Parnell. There will be redundancies.

This is no longer just a rumour. Fastline’s pieced together the story from a number of confidential sources.

More as it emerges.

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