'Prem's resignation natural order of things': Lowe's Gatfield

In a move that had for long been expected, Lowe Worldwide has announced that Prem Mehta, chairman and MD, Lintas India has resigned. Speaking on conference call, Steve Gatfield, CEO, Lowe Worldwide (pictured) said, “When Interpublic were in discussion with the Lintas Trustees and Prem with regard to the purchase of remaining equity in the group, Prem was very candid about his desire to not stay a long time beyond the closure of the deal.