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

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One of advertising's most powerful female executives is leaving ad agency giant WPP. Read CEO Mark Read's memo on the move.

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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.

 

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