Michael Murphy, non-executive chairman of Grayling, has stepped down to pursue other interests.

murphyEdelman veteran Pete Pederson succeeded the former four-year CEO of the Huntsworth unit in February.

Murphy said he’s eager to "pursue multiple opportunities" in the marketing sector and other areas.

His decision to leave Grayling was by mutual agreement.

Peter Chadlington, CEO of Huntsworth, said Murphy has a "long and distinguished career at first Shandwick and now at Grayling where he brought together all our brands under one banner with great consideration and care."

He wished him the "very best in his pluralist future."