Mark Read and Andrew Scott, who have been named joint chief operating officers of WPP after Sir Martin Sorrell abruptly quit, know each other well.
Sir Martin Sorrell’s resignation as chief executive of WPP could lead to a break-up of the company and spark other major changes to the shape of the industry, according to analysts.
Whether Sir Martin Sorrell stays or goes, WPP must change.
competitive:
Creative Circle:
Position: Creative Project ManagerLocation: San FranciscoStatus: Freelance (20 hours/week, remote flexibility)Estimated Duration: 2+ months, potent…
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Mr. Sorrell had been facing an allegation of personal misconduct. The company said an investigation concluded the issue did not involve amounts that were “material.”
Many details remain unclear, but Martin Sorrell’s departure from the marketing giant that he built over decades arrived abruptly, coming just 11 days after WPP confirmed that it was looking into an unspecified allegation against him.
Tuesday, April 3: WPP confirms an investigation into its CEO
“The Board of WPP has appointed independent counsel to conduct an investigation in response to an allegation of personal misconduct against Sir Martin Sorrell, Chief Executive Officer of WPP,” the world’s largest agency holding company says in a statement, confirming a report by The Wall Street Journal. “The investigation is ongoing. The allegations do not involve amounts which are material to WPP.”
Martin Sorrell stepped down Saturday as CEO of WPP following an internal investigation into financial and personal misconduct. In his note to employees, Sorrell asserted that “WPP is not just a matter of life or death, it was, is and will be more important than that.” The sentiment is an allusion to football (as in soccer) legend Bill Shankly’s famous assertion about the importance of his sport.
Sorrell had been at the world’s largest agency holding company for 33 years. Here’s the full text of the statement delivered to WPP employees:
To everyone at WPP
Today marks the end of the Martin Sorrell era at WPP. The world’s largest advertising company confirmed in a statement that Sorrell has resigned as CEO, effectively immediately, following 33 years in the role. Bloomberg first broke the news earlier this evening. “Sir Martin Sorrell has stepped down as Chief Executive Officer of WPP with…
Sir Martin Sorrell’s dramatic departure from WPP has rocked the ad industry. John Tylee examines how a man who never ran an ad agency rose to become a such a dominant force in marketing communications.
Sir Martin Sorrell sent this statement to the staff at WPP, following his resignation as chief executive.
Martin Sorrell on Saturday stepped down as CEO of WPP following an internal investigation into misconduct, ending a 33-year career at the world’s largest agency holding company.
The company announced that WPP Chairman Roberto Quarta would take over as executive chairman until a new CEO is appointed. Mark Read, CEO at Wunderman and WPP Digital, and Andrew Scott, WPP’s corporate development director and chief operating officer for Europe, were appointed chief operating officers of WPP.
The statement to WPP from Sorrell, 73, said he had decided it was best for him to step aside in the interest of the company, clients, shareholders and all other stakeholders. “As a founder, I can say that WPP is not just a matter of life or death, it was, is and will be more important than that. Good fortune and Godspeed to all of younow Back to the Future,” he said in the statement.
Sir Martin Sorrell has stood down as chief executive of WPP, the company has announced.
The fragrance, which was created by Dior perfumer-creator François Demachy, is a bestseller. It contains Comorian ylang-ylang essence and a note of Turkish Damask rose.The curves of her sculptural and willowy silhouette are enhanced by the strips of fabric hand embroidered with almost twenty thousand beads and sequins along with over two hundred and fifty rhinestones scattered over the dress. These sparkling trompe l’oeils are the result of delicate handling, incredible patience and the mastery of the tambour beading technique, which consists of working through the back of the fabric to hook on the decorative elements, alternating motifs and colors. The embroideries in this case required over two hundred hours of work.
To ensure that Charlize Theron’s movements could be lightly and fluidly followed, the petites mains in the Dior ateliers sewed French seams, barely visible and fading into the embroideries. The twelve meters of delicate crinkled chiffon used had to be handled with the greatest of care. And like a foundation garment integrated directly into the dress, the flesh-colored double organza bustier was made to the star’s exact measurements in order to outline and accentuate her curves. The full making of this unique creation took over two hundred and fifty hours of work and just as much passion.
The fragrance, which was created by Dior perfumer-creator François Demachy, is a bestseller. It contains Comorian ylang-ylang essence and a note of Turkish Damask rose.The curves of her sculptural and willowy silhouette are enhanced by the strips of fabric hand embroidered with almost twenty thousand beads and sequins along with over two hundred and fifty rhinestones scattered over the dress. These sparkling trompe l’oeils are the result of delicate handling, incredible patience and the mastery of the tambour beading technique, which consists of working through the back of the fabric to hook on the decorative elements, alternating motifs and colors. The embroideries in this case required over two hundred hours of work.
To ensure that Charlize Theron’s movements could be lightly and fluidly followed, the petites mains in the Dior ateliers sewed French seams, barely visible and fading into the embroideries. The twelve meters of delicate crinkled chiffon used had to be handled with the greatest of care. And like a foundation garment integrated directly into the dress, the flesh-colored double organza bustier was made to the star’s exact measurements in order to outline and accentuate her curves. The full making of this unique creation took over two hundred and fifty hours of work and just as much passion.
Things change fast, and Estadão’s home page is tuned into these changes. This is the concept of the new campaign Estadão is launching to promote the new home page for its portal. The campaign is developed by FCB Brasil. The ads feature phrases related to significant and surprising turns of events that happened in a short period of time. For example, there is a mention of Kevin Spacey’s Emmy nomination, and how everything changed so quickly. The campaign has other pieces, including one about Hillary leading Trump in the polls, another about the Oscar for Best Picture being mistakenly announced as “The winner is La La Land,” and more.
Things change fast, and Estadão’s home page is tuned into these changes. This is the concept of the new campaign Estadão is launching to promote the new home page for its portal. The campaign is developed by FCB Brasil. The ads feature phrases related to significant and surprising turns of events that happened in a short period of time. For example, there is a mention of Kevin Spacey’s Emmy nomination, and how everything changed so quickly. The campaign has other pieces, including one about Hillary leading Trump in the polls, another about the Oscar for Best Picture being mistakenly announced as “The winner is La La Land,” and more.
Things change fast, and Estadão’s home page is tuned into these changes. This is the concept of the new campaign Estadão is launching to promote the new home page for its portal. The campaign is developed by FCB Brasil. The ads feature phrases related to significant and surprising turns of events that happened in a short period of time. For example, there is a mention of Kevin Spacey’s Emmy nomination, and how everything changed so quickly. The campaign has other pieces, including one about Hillary leading Trump in the polls, another about the Oscar for Best Picture being mistakenly announced as “The winner is La La Land,” and more.
In a sign of high expectations for “Harry Potter and the Cursed Child,” the producers and theater owners spent lavishly, even paying Cirque du Soleil to clear out of the space.
Depois da ameaça, Ted Sarandos e a Netflix enfim cumpriram esta semana com a decisão pelo boicote ao festival de Cannes este ano. O serviço de streaming, que tinha inscrito cinco filmes nesta edição da mostra francesa, resolveu retirar suas produções da lista após Thierry Frémaux, diretor do evento, anunciar que Cannes estaria proibindo a …
O post Filha de Orson Welles pede à Netflix que reconsidere decisão de boicotar Festival de Cannes apareceu primeiro em B9.
(TrendHunter.com) Traditional utility tools are often somewhat bulky and can be awkward to fit anywhere outside of a backpack, so the Victorinox Swiss Army SwissCard has been designed as a solution to this problem….
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