Barry Lustig
May 3, 2018

WPP: Don’t let the headlines scare you

The next six months promise to be unpleasant for WPP. However, it’s a great time for the future of WPP. (Both of these things can be true.)

If you were genuinely surprised that WPP’s founder and CEO resigned, you simply haven’t been paying attention. WPP has had that “not-so-fresh feeling” for well over a year now.

This chart from Bloomberg may clarify the situation

WPP has lost about 35% of its value over the last 12 months. As a backdrop, the London Stock Exchange gained about 28%. Very few CEOs could have withstood these...

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