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Martin Sorrell exits WPP at a time when it was looking to reposition itself

The 73-year-old said on Saturday he was standing down, departing at a crucial time for WPP which has seen its share price fall 30 per cent this year

Reuters  |  London 

Martin Sorrell's sudden exit from WPP marks a shocking end to the career of a chief executive who through sheer force of personality made it the world's biggest advertising firm. WPP said in early April it had appointed lawyers to investigate a whistleblower's allegation of personal misconduct against Sorrell, who over 33 years turned a two-man outfit into one of Britain's biggest companies present in 112 countries. The 73-year-old said on Saturday he was standing down, departing at a crucial time for WPP which has seen its share price fall 30 percent this year ...

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First Published: Mon, April 16 2018. 07:41 IST
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