Appointment of Channel 4 CMO to top job is likely to be seen as a surprise because he has not worked in agency sector.
Using fewer freelancers saved €124m.
Campaign reports from capital markets day where WPP presented to investors.
Revenues grew in 2022 but went into reverse in 2023.
Publicis cements status as most valuable agency holding company among global peers.
Inflation and job cuts have dogged the sector.
Departure will raise questions over holdco strategy.
He leaves the holding company role after just over a year.
US agency group buys digital commerce business from owner of Cannes Lions.
Mark Read: We haven’t been slow to simplify WPP, we’re dealing with Sorrell’s ‘30 years of inactivity’
WPP CEO talks to Campaign after Q3 revenue decline.
Job cuts are likely to be part of plan focused on simplification at Group M and VML.
CEO tells Campaign he is optimistic, after reporting 4.5% growth in Q3, ahead of some key rivals.
French agency group expects organic revenue to be ahead of most rivals.
There has been demand from luxury sector to recognise creativity, awards organisers say.
“Publicis will undoubtedly be the industry leader for organic growth”, analyst says.
WPP has been 'moving the ball forward', despite 'extremely disappointing' share price, top US fund manager says in interview with Campaign.
Agency group, which used to be the world's biggest, faces pressure on multiple fronts.
CEO gives first interview with international media to Campaign.
Five-year-old independent network has said 'our plan is global domination'.
Publicis CEO spoke to Campaign after group grew 7.1% in Q2.