Ex Photon boss Tim Hughes: I want to come back to a new media or marketing role

Tim Hughes, who chaired Photon Group as the company went on a major acquisition spree before leaving shortly before the company nearly collapsed under a debt mountain is keen to return to a media or marketing role, he has told the Australian Financial Review.

In a full page profile today, the AFR’s outgoing media and marketing editor Neil Shoebridge presents the argument that Hughes was unfairly criticised, describing him as “a skilled business builder and manager”.

The interview is the first Hughes has given since his ousting.

As part of the emergency restructure carried out by new CEO Jeremy Philips, who has himself since been replaced by Matt Melhuish, many of the agency owners who sold to the company did not get the payouts Hughes had promised.

Hughes disputes that Photon overpaid for most of its acquisitions, arguing that it was simply hit by a slowdown in the market.

Hughes tells Shoebridge:

“I’m only 48, so it’s too early for the retirement village.

“I’ve had time to recover from the bruises from Photon and reflect. If the right role comes along in the media or marketing areas, I’d be interested.”

Photon’s remaining agencies include Naked Communications, Frank PR, BMF and BWM.


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