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WATT CHAIRMAN AND PRESIDENT DEPART TO FORM NEW COMPANY

Don Watt will leave his post as chairman of Watt International on June 15. He has also resigned from the board of directors of Envoy Communications Group. Watt founded Watt International in 1966. The brand strategy and design firm was acquired by Envoy in 1999. Watt is forming a new entity with Geoff Belchetz that will pursue acquisitions. Belchetz is the former president and CEO of Watt International. His last day was May 26. According to Belchetz, the new firm will target established North American companies in the graphics and design industries.

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