Val Morgan shuts The Latch, Brian Florido departs

Val Morgan Digital (VMD) has shut down in-house masthead The Latch and let managing director Brian Florido go after 6 years.

While Val Morgan put out a statement on Monday morning labelling the move “a leadership change”, it is understood Florido’s departure is a redundancy.

Mumbrella has reported on the wave of cutbacks hitting the industry, particularly at senior levels, as ad spend tightens.

Florido is an experienced digital MD with strong commercial roots, having been hired to found and scale VMD from a similar role at Pedestrian. 

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