The agency behind campaigns for Barclays and the NHS is close to naming Zillah Byng-Thorne as Gareth Davis's successor as chair, Sky News learns.
Lisa Gordon, the agency's senior independent director, is expected to step down from the board in the next few months.
The boardroom overhaul follows a turbulent period for M&C, which was last year at the centre of a bidding war involving both Ms Murria and Next Fifteen Communications, another London-listed company.M&C handles advertising, direct marketing, public relations and sponsorship campaigns for scores of blue-chip clients, including Heineken and Barclays.
The government is also a big client of the group, which produces work for the NHS and a number of Whitehall departments. Under the leadership of Moray MacLennan, M&C has returned to growth and recently reported record annual revenues and profits. On Thursday, shares in M&C were trading at around 186p, giving it a market capitalisation of around £230m.
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