Agency head leaves following takeover

Talking Point managing director Paul Ratcliffe is to leave the agency he founded following its purchase by BCD Travel. Ratcliffe said he would leave within the next two months and planned to go travelling. “I’ve had offers, but I won’t look at anything until the middle of next year,” he said. Talking Point’s parent, The Travel Company, was taken over by BCD Holding in April, which is completing the purchase of Ratcliffe’s shares and those of co-founder Robin Smith, who will stay on. Meanwhile the agency has closed its strategic event management arm and made the creator of the event measurement tool, Mark Budge, redundant.

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