Lucy Formosa Morgan leaves PHD, Stuart Bailey promoted to COO in leadership restructure
Joint managing director of PHD Australia, Lucy Formosa Morgan is leaving the agency, as fellow MD, Stuart Bailey gets promoted to the role of chief operating officer.
National CEO, Mark Jarrett revealed the news as part of a number of changes to the agency’s executive leadership team, which includes the promotion of Stephanie Douglas–Neal to Sydney MD and Simon Lawson to Melbourne MD.
“Stuart’s promotion was reflective of his efforts in leading the agency through a difficult 18 months, while also maintaining close relationships with key clients, including seeing a number of long-term clients extend their relationship with PHD,” said Jarrett.
