Tuesday, March 18, 2025 | 06:23 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

WPP CEO Martin Sorrell calls it quits after 33-year in top advertising game

Sorrel, following allegations of personal misconduct and misuse of company assets, made the abrupt end to a storied career

Martin Sorrell, chief executive officer of WPP
Premium

Martin Sorrell, chief executive officer of WPP

Joe Mayes | Bloomberg
WPP Plc Chief Executive Officer Martin Sorrell is resigning after 33 years, following allegations of personal misconduct and misuse of company assets, marking an abrupt end to a storied career at the top of the advertising industry.

Sorrell, 73, will step aside immediately, according to a statement late Saturday by WPP. Chairman Roberto Quarta becomes executive chairman until the appointment of a new CEO, while Mark Read, who heads WPP agency Wunderman, and Andrew Scott, WPP’s corporate development director, become joint chief operating officers.

It took Sorrell decades to turn a wire shopping basket manufacturer into the world’s largest advertising

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in