Reported about 5 hours ago
Mark Read, the CEO of WPP, will step down by the end of the year as the advertising agency confronts challenges from artificial intelligence and plummeting stock prices. Having spent over 30 years at WPP, including nearly seven years as CEO, Read's departure comes amid struggles to compete with tech giants in the advertising space. WPP has lost significant value under his leadership, triggering speculation about a boardroom shake-up and concerns that the company may fall further behind its competitors.
Source: YAHOO