The decades-old, Jackson-based advertising agency GodwinGroup has closed its doors, and some of its principal team leaders are now part of a new firm. Ridgeland-based Ad5 was formed when a group of Jackson-area advertising executives partnered with Princeton Partners, a 60-year-old national agency based in Princeton, New Jersey.  Philip Shirley, who was a senior partner, chairman and CEO of GodwinGroup, is a senior partner in the new marketing and advertising agency. “Our goal was to combine the experience and expertise of a group of senior-level ad professionals primarily from the Jackson area and nearby states with the brand marketing and digital marketing expertise of Princeton Partners,” Shirley said in a news release announcing Ad5. “We have known and worked closely with the owners and management of Princeton Partners for over 25 years, so we knew it was smart to join forces.” Tom Sullivan, president of Princeton Partners, is chairman and a senior partner of the new firm. The new company will focus on offering marketing services in banking, healthcare, education, nonprofits, workforce development, tourism, government agencies and consumer marketing, according to the news release. Ad5 local management includes Jeff Russell, who was a senior partner and president at Godwin, as president and partner, and Lauren Mozingo, digital marketing specialist at Godwin, as managing director and partner. They have local day-to-day management responsibilities for the new entity, according to the release, and will work with Kevin Kuchinski, managing partner of Ad5 and Princeton Partners. Ad5 serves clients operating from Texas to Florida and up to Kentucky, according to the release. GodwinGroup was the state’s oldest advertising group. It shuttered its doors Friday. The post Mississippi’s oldest ad agency closes, new firm opens with its former executives appeared first on Mississippi Today.