Memo: Wunderman Thompson global chairman is stepping down - Business Insider

This story requires our BI Prime membership. To read the full article,

WPP CEO Mark Read announced the news February 21 in an internal memo to leadership that was obtained by Business Insider. Her exit is the latest in a series of senior-level changes at the organization formerly known as JWT, which was founded in 1864 and is generally known as the world's oldest ad agency.While WPP retains the JWT name in some regions around the world, former employees said Ingram's new position marks a further consolidation of JWT into Wunderman, which recentlyA number of top JWT executives have left in the past year.

The memo states that Ingram will become a non-executive chairman and leave WPP by the end of the year. One person with direct knowledge of the matter, who is known to Business Insider but spoke on condition of anonymity because they are not authorized to discuss it, said Ingram's role wouldn't be filled.

When Tam was named Worldwide CEO of J. Walter Thompson in 2016, she made history as the first woman to lead the agency. Later, when I spoke to Tam and Mel about bringing J. Walter Thompson and Wunderman together during 2018, Tam embraced the idea and worked closely with Mel to integrate the two agencies – creating a single powerhouse built to inspire growth for its clients.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A look inside the incredible life of Georgina Bloomberg - Business InsiderA look inside the incredible life of Georgina Bloomberg, elite equestrian and heiress to presidential candidate Michael Bloomberg's $61 billion empire Poor thing! She’s gonna have major heartbreaks 💔😢 Looking fab, Georgina. I'm in NYC this Friday...lunch at Sbarro? My treat. Call me. Jon
Source: BusinessInsider - 🏆 729. / 51 Read more »

Global stocks tank as investors brace for a coronavirus pandemic - Business InsiderThe flu-like illness has now killed people in Italy, Iran, and South Korea, fanning fears it will hinder the global economy.
Source: BusinessInsider - 🏆 729. / 51 Read more »

SUCESS INSIDER: McKinsey, Hilton, freelance web design, depression - Business InsiderSUCCESS INSIDER: Read the email templates a freelance web designer has used to get customer referrals and make a $200,000 salary
Source: BusinessInsider - 🏆 729. / 51 Read more »

Etihad A320 business class review Maldives to Abu Dhabi: food, seat - Business InsiderBefore getting to fly on Etihad's luxurious double-decker A380, I flew to the airline's Abu Dhabi hub on one of its regional narrow-body planes.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Pier 1's bankruptcy filing may hold a silver lining for the struggling home-goods retailer - Business Insider'There's something there that's worthwhile to continue operating or get sold,' bankruptcy attorney Sid Scheinberg told Business Insider.
Source: BusinessInsider - 🏆 729. / 51 Read more »