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Martin Sorrell outperformed WPP to win MediaMonks

Updated on July 10, 2018 2:46 pm ET Martin Sorrells The new marketing company has undertaken to acquire a Dutch-based digital production agency WPP WPP 1.07% PLC, the advertising giant he had built for decades Financial terms were not disclosed, but those familiar with the matter told Mr. Sorrell's new company that he was S4 For MediaMonks, around 300 million …

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Sorrell Returns to Advertising Business Six Weeks After WPP Ouster

Three decades after Martin Sorrell made a wire shopping basket the world's largest advertising company, he will find out if he still has the magic touch. The former WPP Plc Chief Executive Officer inspected a listed company just six weeks after his sudden withdrawal from WPP. S4 Capital Ltd., a largely Sorrell-funded vehicle, is being acquired by Derriston Capital Plc, …

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The WPP leader wants to close the gap left by Sorrell's sudden exit

A little-known private equity manager will control WPP WPP -5.34% PLC through one of its stormiest periods after the weekend resignation of Martin Sorrell, the high-profile founder and CEO of the Wergiganten. Roberto Quarta, By Saturday, WPP's Chairman has taken on the role of Executive Chairman until the appointment of a new CEO, effectively blaming him for a global company …

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WPP CEO departure May Herold Empire Breakup, Strategy Shift

Martin Sorrell's abrupt exit from WPP Plc is leaving the advertising empire in search of a new chief executive officer for the first time and vulnerable to separation as the vast network of agencies faces the biggest challenges since the global Photographer: Chris J. Ratcliffe / Bloomberg Sorrell's late Saturday departure from the world's largest advertising company focuses on WPP's …

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RPT Ad King Sorrell's abdication leaves WPP at the intersection

(Repeats Sunday's story with no changes to the text) * CEO quits after investigation of misconduct * Leaves the group in a time of great change * Sorrell became a high profile, high-paid CEO [19659002] By Kate Holton LONDON, April 15 (Reuters) – Martin Sorrell's sudden withdrawal from WPP marks a shocking end to the career of a CEO who, …

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How WPP From Shopping Cart Became A Gigantic Holding | Agency News

At the WPP annual meeting in June 2017, WPP Chairman Roberto Quarta was asked to defend CEO Martin Sorrell's compensation package for $ 62.2 million. "Sir Martin Sorrell has built this business out of nothing," said Quarta. "He is absolutely committed to this business, I do not think Martin Martin will be paid to WPP, he's been here for 30 …

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WPP CEO Martin Sorrell resigns

Martin Sorrell has resigned after completing an investigation into allegations of personal misconduct as head of WPP PLC, ending his more than three decades of leadership in the world's largest advertising company. Roberto Quarta, Chairman of WPP Board, will assume the role of Executive Chairman until a new CEO is appointed, the company said. Mark Read, chief executive of WPP …

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Ad King Sorrell's abdication leaves WPP at the intersection

abFILE PHOTO: Sir Martin Sorrell, Chairman and CEO of the advertising company WPP, attends a conference at the Cannes Lions Festival in Cannes Thomson Reuters By Kate Holton LONDON (Reuters) – Martin Sorrell's sudden withdrawal from WPP marks a shocking end to the career of a chief executive who, through his personality, has made him the world's largest advertising company. …

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The legacy of Martin Sorrell is measured by the consistency of WPP

In the end, the road to the "glue factory" that Martin Sorrell often joked, his goal was shorter and slipperier than he could have imagined. Less than two weeks after the appearance of an investigation into allegations of personal misconduct (denied by Sir Martin), the most persistent, outspoken, and, not to forget, most successful conglomerate of the advertising industry is …

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