Biz news: Shakeup at Schmid
UncategorizedIn a year of generational transition with Jasper Parrott stepping back at HP and Barrett Wissman fading out at IMG,one of Germany’s older family firms is also moving on.
Cornelia Schmid is giving up executive duties at K D Schmid. Her leadership role will be split between Karen Macdonald in London and newly hired Christoph Drescher in Berlin. ‘We are deeply grateful for Cornelia’s ongoing support and continuing influence on our values,’ they say.
I am confused about IMG. SD has been portraying it as a sinking ship for at least a decade. Its roster remains impressive, even though some of the greatest names are managed in association with Nicholas Matthias or Kathryn Enticott. Do ships take a decade to sink?