WPP to appoint Mark Read as CEO

The world's largest ad agency group has ended its search for Martin Sorrell's successor.

Update, 3 September WPP has just made Read's appointment official. See full statement below.


WPP will confirm Mark Read as its new chief executive next week, according to a source with knowledge of the search.

A WPP spokesman declined to comment ahead of a statement to the stock market, which is expected around September 4 when the group announces half-year results.

Ever since the abrupt and messy departure...

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