Reported 2 days ago
WPP has named Cindy Rose, a senior executive from Microsoft, as its new CEO to lead the company’s recovery following a significant profit warning. Rose, who has been on the WPP board since 2019 and has held various leadership roles at Microsoft, will succeed Mark Read on September 1. The ad group is facing multiple challenges, including reduced client spending and loss of major accounts, which have impacted its stock performance.
Source: YAHOO