After several key account and executive losses, Leonard/Monahan has closed. The most notable recent loss was the agency's Polaroid Business Imaging Division and Polaroid Technical & Industrial Imaging accounts to Holland Mark Martin, Boston. "That was a big part of our revenue stream," said Chairman-CEO Bruce Leonard. Mr. Leonard will become a consultant at design firm LBC. "We've had an amazing track record of good work ... and some wonderful people. It's sad to see it go," he said. The agency had a staff of 25.
Copyright February 1998, Crain Communications Inc.