Mike O and Rocky to set up Droga5 New Zealand?

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STONE_OSULLIVAN.jpgdroga_1.gifCB can reveal that former Saatchi ECD Mike O’Sullivan and CEO Andrew ‘Rocky’ Stone’s options continue to widen, including possibly setting up Droga5 New Zealand.

Mike O and Dave Droga (Droga5’s founder andcreative chairman – pictured above right) have been mates for years andit would be a good fit within the Droga5 family, which also includesDroga5 Australia.

CB hears the possible deal comes after other options were considered,including setting up a Fallon office with Saatchi & Saatchi’sbacking and their own O’Sullivan Stone start-up, backed by a smallerpublicly listed agency group.

Emails and  txts to Dave Droga went unanswered last night. Whencontacted by CB this morning, Stone categorically denied any deal wasdone and said he and O’Sullivan were still enjoying their break,catching some good fish and distracted at the moment by the Boat Showopening in Auckland today.

However, CB bets they are indeed opening Droga5 New Zealand, starting within a month.