FutureBrand chief executive Charles Trevail confirmed this week that the merger between Springpoint and FutureBrand, touted exclusively in Design Week last week, has now ‘taken effect’.
Springpoint founder Fiona Gilmore says she will leave the company on 3 April, but will work with FutureBrand on a part-time consultancy basis until July to oversee the transition with clients.
Springpoint co-founder Mark Pearce has been on sabbatical. He says he is still employed, but has had no discussions with FutureBrand about his future.
Springpoint has some 30 UK employees and ten in China. These are likely to be absorbed, says Trevail. ‘Everyone is part of the deal. We’ve taken over the company and will evaluate clients, staff and offices. There are no other decisions for now,’ he adds.