US EditionAI Taking over Advertising: Mark Read to Step Down as WPP Chief
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WPP has officially announced that Mark Read will step down as CEO at the end of this year. The departure, scheduled for December 31, ends a 30-year tenure with the British holding company, seven of which were at the helm of global management. The company has already begun the process of finding his successor. The decision comes amid a loss of… Origin
AI taking over advertising: Mark Read to step down as WPP chief
Mark Read, the chief executive of WPP, has announced he will step down later this year, as the advertising agency faces growing pressure from artificial intelligence and declining share prices. Once the largest advertising group globally, WPP is struggling to keep up with the fast-moving AI technologies that are reshaping the industry.Read, who has been at WPP for more than 30 years and held the top job since 2018, will remain in the role until …
At the end of December 2025, WPP CEO Mark Read will resign. This was announced by the British advertising holding on Monday.
WPP CEO Mark Read to step down at end of 2025 following more than 30 years with the company
WPP has announced that Mark Read, Chief Executive Officer, will retire from the Board and as CEO on 31 December 2025. After more than 30 years with the company, including seven as CEO, Read has decided that the time is right for him to hand over to a new leader and the search for a successor is underway. Says Philip Jansen, Chair of WPP: “On behalf of the Board, I would like to thank Mark for his contributions not only as CEO but throughout hi…
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