Colin Hearn, who tendered his resignation June 23, told AdAge.com he is being asked to work out his notice period, which runs until Dec. 23.
Heading to Publicis?
Mr. Hearn said he is looking forward
"It would not be a surprise if that's what I decide to do. I'm not there yet because they are not legally allowed to offer me a job, but if they give me one, it's a different kettle of fish," Mr. Hearn said.
Cordiant Communications is in the process of being bought by WPP Group, another agency company, for $447 million. Cordiant has sold off two units but still retains 141 in addition to its core network, Bates Worldwide. The troubled company had lost a number of key clients and hundreds of million in billings since 2002, precipitating its impending sale. Allied Domecq pulled its business out of Bates and 141 in April and placed the account, worth $30 million, with Publicis Worldwide.
Champagne from Allied Domecq
Mr. Hearn was preparing to celebrate his 53rd birthday tomorrow with a crate of champagne that he said had just been delivered to him from Allied Domecq.
Mr. Hearn established 141 nine years ago and he had built it up into a global network of 90 offices with 300 clients and a staff of 1,500. He said, "I felt like a father telling his kids he was leaving home. I'd love to have stayed at 141 but it'll be a different place now."
He added: "WPP is an excellent home for Cordiant, but I don't want to be a part of it. The whole process has been frankly horrendous for staff and clients."