WPP Chief Mark Read Is Tasked With Giant Turnaround Amid Ad-Industry Upheaval

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Nine months in, the CEO talks about the threat of consulting firms, whether the tech giants should be broken up, and the impact of privacy regulation

Mark Read has never penned a jingle or even watched an episode of “Mad Men,” yet he has the unenviable task of having to turn around the fortunes of the world’s largest advertising company, which has been stung by account losses and other challenges.

Since taking the helm of WPP nine months ago, the 52-year-old Briton has tried to return WPP to growth and moved to pare down the sprawling ad empire in order to satisfy marketers’ demands for more nimble and tech-savvy agencies that can better help them cope with the upheaval...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You've gotta love how the is willing to discuss breaking up the tech industry, yet never seems to talk about breaking up the banks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines