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»Roberto Quarta

WPP Board Reelected But Face Tough Questions About Sorrell’s Departure

WPP reelected its board with 84.5% of shareholder votes at its annual shareholder meeting on Wednesday, despite concerns about slow growth and leadership. Reported revenue was down 3.4% for the first four months of the year to roughly $6.4 billion. Some investors, however, expressed concern and discontent about how the company handled CEO Martin Sorrell’s... Continue reading »
by Alison Weissbrot // June 13th, 2018 //
»
WPP To Consider Divestitures But Not A Break-Up Under New Leadership – For Now

WPP reported Q1 earnings on Monday for the first time without its founder and long-tenured CEO Martin Sorrell. Since Sorrell’s abrupt exit from the company earlier this month, former Wunderman CEO Mark Read and former European COO Andrew Scott have taken leadership of the company as co-COOs. Chairman Roberto Quarta has stepped in as CEO... Continue reading »
by Alison Weissbrot // April 30th, 2018 //
»

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