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Chris Walton departs Quantium

Chris WaltonFormer CEO of Mindshare Australia, Chris Walton has sold out of data and communications consultancy Quantium, Mumbrella can reveal.

Walton, a principal with the firm, said that he was leaving on good terms and would be moving on to new challenges.

“I have sold my share of the business,” said Walton,  “I had a brilliant time at Quantium.  They are a great company and I learnt a ridiculous amount in my four and a half years there.”

“We left on very amicable terms and I wish Tony and the team all the very best.”

Quantium director Tony Davis told Mumbrella that Walton who ran media arm of Quantium, which converted media analytics into commercial planning and strategy, would be replaced by Lawrence Puang.

“Chris learnt a lot from us and we learnt a heck of a lot from him. I am sure our paths will cross again in the future,” said Davis.

“We will continue our media practice, but we have reorganised so that we have the analytics and media planning reporting to Lawrence Puang. He will now runs all of our media, analytics and planning capability.”

The departure of Walton comes three months after major retailer Woolworths bought a 50 per cent share of the business. Walton said he was pleased with his work at the business over the last four years.

“The company has grown enormously in the time I was there and the guys have been producing great work – evidenced by the fact that a company of Woolies stature decided to invest in the business earlier this year,” he said.

Walton, who was CEO of Mindshare between 2004 and 2008, declined to say what his next project would be. “I am currently working on a couple of different things,” he said.

Nic Christensen  

 

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