Sir Martin Sorrell is reported to have raised £100m for his new S4 venture, to add to the £50m of equity capital already in place (£40m of it his). This may be seen as a win or a fail – ...
Read More »More trouble at WPP as anonymous emails spark new investigation in wake of Sorrell departure
Sir Martin Sorrell may have thought he’d drawn a line under the controversial circumstances of his WPP exit at Cannes – denying the unspecified allegations of personal misconduct – but now a number of emails of have surfaced fanning the ...
Read More »WPP begins sell-off with stakes in Globant and AppNexus
WPP has begun its expected programme of disposals in the wake of Sir Martin Sorrell’s departure, with its stakes in Buenos Aires-based software business Globant and digital ad exchange AppNexus first on the block. American Telecoms giant AT&T is to ...
Read More »Sorrell denies prostitute allegations, says publicity could affect new S4
Former WPP boss Sir Martin Sorrell was asked on stage at the Cannes Lions if he’d visited a prostitute, paid for by company money, as widely reported. He told New Yorker writer Ken Auletta that the accusation “wasn’t true,” although ...
Read More »Cannes: Sorrell talks mortality and management style, and hits out at WPP leaks
There’s been plenty of gossip about Martin Sorrell at Cannes, mainly speculation about whether there are more revelations to come and who might succeed him at WPP. The man himself finally made his first public appearance since he was ousted ...
Read More »Trump and Sorrell: the reality behind two great illusionists?
By Jane Austin in Cannes Were there any deliberate parallels that were being drawn between Michael Wolff’s description of the ascent of US president Donald Trump and the demise of advertising’s own Sun King Sir Martin Sorrell in the Cannes ...
Read More »Steady as she goes says WPP’s Read – but are there storms on the horizon?
Here’s rear admiral Mark Read of WPP, in a suitably nautical setting at the Cannes Lions, telling Campaign – what exactly? That WPP doesn’t need to be smaller but needs to be “easier to navigate” and more “client-centric.” Which is, ...
Read More »So what’s Mark Read got to do to get the WPP CEO job?
Read (below) is currently joint COO with Andrew Scott in the wake of Sir Martin Sorrell’s departure but he seems to be the front runner, speaking at WPP’s AGM this week and sending out a note to staff saying WPP ...
Read More »Now ex-WPP’s Sorrell faces PR battle to restore reputation
It’s not unusual for someone to go for a quick one after work, which is what two WPP employees were doing last year when they say they espied (according to the FT) Sir Martin Sorrell entering what we might call ...
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