Ian Czencz, who was managing director of the Sydney branch of agency Atomic 212, has left the company.
The agency confirmed that Czencz announced his resignation to staff this week. Atomic 212 shared a statement on Czencz's departure, quoting him as saying the agency is "in a great position to press forward into their next phase of growth, and I'm proud to have played a part in helping them move forward.”
Founding partner James Dixon is to take over management of the Sydney office, alongside founder and chairman Barry O'Brien, general manager Tom Sheppard and the MD of the Melbourne office, Claire Fenner. O'Brien said: "We thank Ian for his contribution, and wish him every success in the future as he looks to concentrate on his first love, strategy."
Campaign received an anonymous email suggesting the agency was in financial trouble, with "90%" staff turnover in the last 12 months.
O'Brien told Campaign, "The health of the business is unbelievable." He could not confirm the exact turnover figure, but said: "We've had a lot of growth, we've had a lot of people who haven't made the cut, but we still employ 100 people".