Global brand extension agency LMCA has announced a shift in its top management as the agency experiences rapid growth and expands further internationally.

The LMCA Board has announced the promotion of Ciarán Coyle, formerly President & COO of the agency, to the role of CEO. He will also become a Principal of the firm and join the LMCA Board. Coyle will oversee all aspects of the operations of the business globally.

Allan Feldman, Founder and formerly CEO, will become Executive Chairman, working closely with Coyle on the agency strategy and key partnerships.

“Ciarán has brought a sharp business focus and discipline to LMCA over this past year and established an incredibly strong foundation for the agency’s continued international growth as a leader in strategic brand extension licensing,” says Feldman. “The decision of the LMCA Board to elevate Ciarán to the position of CEO reflects the confidence we have in his ability to realise LMCA’s full potential and add significant value to our clients.”

Ciarán Coyle commented: “I’ve greatly enjoyed working with our super clients, partners, and the wonderful LMCA team over the past year and am very excited for what lies ahead. I’m truly honoured by this opportunity to take on the CEO responsibilities and look forward to working with all our LMCA stakeholders to deliver continued success.”