It was only a matter of time before WPP CEO Mark Read turned his attention to giant (although not as giant as it was) media operation GroupM. And he’s done so in a pretty dramatic way, replacing CEO Kelly Clark ...
Read More »Boys, boys: Sorrell tries to hijack Read’s WPP again
Another day, another WPP AGM and a release pings in from old boss Sir Martin Sorrell’s spanking new S4 Capital. WPP AGMs seem positively soporific these days, compared to the good/bad old days of SMS. There isn’t even a shareholder ...
Read More »Goldman Sachs says WPP’s Read is on the right track
The mighty Goldman Sachs has directed some welcome intelligence (if that’s what it is) WPP’s way, saying the marcoms group stands to benefit as “some large advertisers” step up their marketing efforts. It says its shares, currently 960p, should benefit ...
Read More »CEO Read in the money as WPP readies first quarter results
Nice work if you can get it: WPP CEO Mark Read is expected to garner £3.7m in pay and bonuses for 2018 (a big chunk being a bonus for his former role as joint COO.) While ousted boss (and WPP ...
Read More »Is slimming down WPP cooling on China joint venture?
Sky News reports that WPP is cooling on the notion of forming a joint venture with a Chinese investor in that country. The idea was floated when Mark Read (below) took over from Sir Martin Sorrell as CEO. At the ...
Read More »Peter Reid of MSQ: the WPP diet – cutting weight fast looks healthy, but are its arteries clogged?
At WPP’s last earnings call, the second since Sir Martin Sorrell jumped ship to avoid the plank, the Ogilvy-to-Kantar behemoth rebranded. The group became a ‘creative transformation company,’ whatever that means. earlier this week, addressing the bafflement that has rippled ...
Read More »Read outlines future for WPP: it won’t be a Sorrell-era financial holding company any more
Mark Read, who seems to be rather enjoying his role as the new face of WPP (just as well) regaled ISBA members with his views the other day and in the process let slip the new reality of WPP as ...
Read More »WPP defies some of the gloomsters but the jury is still out on CEO Read’s “transformation”
WPP’s share price recovered this morning – up 7.6 per cent in early trading – as CEO Mark Read revealed its 2018 numbers: not as bad as many feared but still showing a fall in net sales (WPP’s measure of ...
Read More »Walmart people boss Canney joins WPP as it faces more intense market scrutiny
WPP reports its full year 2018 figures tomorrow (March 1) with most analysts expecting a small reverse in growth compared to 2017 although not as bad as its disappointing Q3 2018 figures indicated. Which will leave us with the two ...
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