Reports suggest that Dixon’s reappointment was only ever going to be on a short-term basis, and during the past year he has implemented a restructuring and integration of the businesses following Innovative Output Solutions’ acquisition of Lateral in August 2011.
The print operations were subsequently rebranded DST Output in line with its US parent group during the summer. Meanwhile, the data side of the business has remained as the Lateral Group and has been building a full-service agency offering, with executive creative director Mike Cavers charged with building its creative capabilities.
Dixon’s departure sees Jeremy Walters, managing director at DST’s Dagenham operation, step up to become chief executive of DST Output UK. Walters and Lateral Group chief executive Jason Cromack will now report directly to Steve Towle, the president of DST Output.
In a statement to employees, Towle said the changes were as a result of the successful integration and rationalisation of the various businesses. “I would like to thank Nick Dixon for establishing and guiding the team following his return to the business last year,” he added.
DST’s UK print operations in London, Nottingham and Bristol have a combined turnover of £134m and employ around 1,000 staff.
To leave a comment please register – it takes less than a minute and is free of charge. You will also get our weekly email update The DM Report (to opt out contact firstname.lastname@example.org). If you are an existing user, please log in. If you have forgotten your log-in details please email email@example.com to get them reset!