James Henderson, CEO of Bell Pottinger, has quit ahead of expected sanctions imposed by Britain's ethics watchdog for its controversial work in South Africa.
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James Henderson"Whilst I had no involvement in the account, there were warning signs that I should have heeded. Therefore I must take responsibility," he told the BBC.
Henderson, who with fiancee owns about 40 percent of the firm, promised to keep a close watch on his investment.
BP is considering strategic alternatives, which may include a sale or buyout.
Makovsky & Co. officially ended its operations on June 30 after a 47-year run as an independent New York-based firm.
Adfero, the DC-based public affairs shop that served the healthcare, technology and energy sectors, closed its doors on June 30.
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