Thomas Potts has spun off its book production services division, Cambridge Pub-lishing Management (CPM), to operate as an independent subsidiary.
The move "formalises a situation that has been the case for some time", said Jackie Dobbyne, who has been promoted to managing director from publishing manager.
Former managing direct-or Tim Egan, who had been gradually moving into a back-seat role at CPM for the past year, will concentrate his efforts on Potts G&E 2000 site.
Ac-cord-ing to Dobbyne, Egan told her and publishing director Julia Mor-ris "youre doing the job so we ought to acknowledge that youre doing the job".
CPM provides a range of services, from author management to pre-media repro. It grew from the former Goodfellow & Egan and was acquired by Potts in 1999.
Have your say in the Printweek Poll
Related stories
Latest comments
"Gosh! That’s a huge debt - especially HMRC! It’s a shock that HMRC allowed such an amount to be accumulated."
"Whatever happened to the good old fashioned cash job! At least the banks didn't take 2-3% of each sale. After 30 odd transactions that £100 quid you had has gone."
"It's amazing what can be found on the "web" nowadays!"
Up next...
Replacement 'will be operational later this year'
Walstead makes decision on Bicester 64pp
'Ridiculous decision'
Unite “prepared to fight” on proposed DS Smith site closure
Also helps mitigate volatile energy prices
