The torch has been passed at communications firm AH&M Inc. as president and CEO Amy Godfrey has acquired the business from Jim Allison.
The deal was completed Oct. 20. Allison has retired from Pittsfield, Mass.-based AH&M, which he co-founded in 1988.
Godfrey has more than 23 years of experience working with plastics and chemical suppliers and other multinationals. Since joining AH&M as an account coordinator in 2000, she has held positions of increasing responsibility and led many of the agency's key accounts. Godfrey was named president and CEO in 2020.
Allison said in the release that "it's difficult for me to step away from AH&M, a company I built with my partners 35 years ago." He added that Godfrey "is the right person to carry on my legacy."
Prior to founding AH&M, Allison spent four years at materials firm GE Plastics. That business became a major AH&M client and continued to work with AH&M after being acquired by Saudi Basic Industries Corp. (Sabic).
Godfrey said in the release that when she was hired at AH&M in 2000, "it never occurred to me that I would be with the agency for more than 20 years, let alone be in a position to own the company."
She added that she is "grateful to Jim for mentoring me all these years, creating an exciting and rewarding environment for personal and professional growth and now entrusting me to carry on his legacy."