WPP RESULTS
Ad giant WPP’s digital boss may be Martin Sorrell’s successor
London — WPP’s chief operating officer, Mark Read, will get the chance to stake his claim to the top job at the world’s biggest advertising firm when he presents its first set of results without founder Martin Sorrell on Monday. Sorrell, who built a two-man business into one of Britain’s biggest companies with operations in 112 countries, never missed a quarterly results presentation and routinely appeared on television and radio shows to discuss everything from advertising trends to global economic events and politics. He stood down two weeks ago after the board opened an investigation into allegations of personal misconduct, sparking a hunt for a replacement after 33 years at a time the company is facing challenges on every front. Sorrell denied the allegations and the company has said they would not be made public. Digital boss Digital boss Read is the leading internal candidate to become CEO after he spent nine years on the WPP board from 2006 to 2015. He has worked on strategy,...
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