Peter Fisk stands down from CIM chief executive post

LONDON - Peter Fisk is to leave his post as chief executive of the Chartered Institute of Marketing in April as it prepares for an organisational restructure designed to redress breaches of its charitable status.

It is understood that finance director John Coke and enterprises director Jonathan Dutton, both appointed by Fisk, will also leave the CIM in June, before their one-year contracts come up for renewal.

The departures will leave the CIM without a senior management team and put a question mark over the future of many of the changes introduced by Fisk.

Fisk, who was appointed to the post in January 2003, inherited a raft of problems which have beset the CIM since it became a charity two years previously.

In its annual report and accounts to the end of June 2003, the CIM's International Board of Trustees said the Charity Commission had been alerted to issues that included the correct separation of non-charitable and charitable finances, membership activities being accounted for through the charity and payments made in error to three trustees for time spent on CIM activities.

It is understood the new structure has been designed to comply with Charity Commission regulations. However, a senior CIM source refused to rule out that it may give up its charitable status in future.

The proposed structure is very different from the one Fisk joined and establishes separate management teams for two commercial subsidiaries. The core charity body continues to be overseen by the IBT, and houses the CIM's academic, educational and research activities.

Fisk's agenda for change met vehement resistance in some CIM quarters. Ex-CIM chairman John Edmond has been seeking 200 signatories to call a meeting to propose a vote of no confidence in Fisk.

The CIM refused to confirm Fisk's resignation. Fisk declined to comment.

If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the Forum here.

Discussion

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Brand Republic Jobs

subscribe now

Latest

John Lewis walks consumers through its history to celebrate 150 years of business
Waitrose boosts content strategy with 'Weekend Kitchen with Waitrose' C4 tie-up
Hottest virals: Cute puppies star in Pedigree ad, plus Idris Elba and Fruyo
Amnesty International burns candles to illuminate new hope
Toyota achieves the impossible by calming angry Roman drivers
Tom of Finland's 'homoerotic' drawings made into stamps
YouTube reveals user habits to appeal to 'older' marketers
Ex-M&S marketing chief Steven Sharp consulting at WPP
Wolff Olins reveals new CEO after Apple poaches Karl Heiselman
Glasgow offers £30,000 prize to best digital idea for 2014 Commonwealth Games
Google's revenues surge but shares drop as it grapples with transition to mobile
Facebook beats Twitter to most 'marketing friendly' social media site crown, says DMA
Fableists believe children like Finn should be outdoors enjoying life
Homebase, Baileys and Camelot join the line-up at Media360
MasterCard renews Rugby World Cup sponsorship to push cashless message
Lynx unleashes £9m 'Peace invasion' campaign
Social Brands 100 Youth: Pizza Hut most social youth brand in UK
Cheryl Cole is wild and arresting in new L'Oreal work
Morrisons told not to show alcohol ads during YouTube nursery rhymes
O2 head of brand Shadi Halliwell departs after 23 years at company in restructure
Tesco hit by further sales decline as it turns to digital Clubcard and social network
Branding guru Wally Olins dies aged 83
Duracell short film captures epic Transatlantic voyage
Ash runs Tinder experiment to show smokers are less desirable to opposite sex
British Airways teams up with Gerry Cottle Jnr for summer of rooftop film screenings
Arklu says 'girls can be superheroes too' with doll design competition
Coke enters squash market with Oasis Mighty Drops
Virgin Galactic signs up Land Rover as space flight sponsor
Motorola marketer Andrew Morley departs as Google gears up for sale to Lenovo
US Airways apologises after tweeting obscene image at a customer