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Martin Sorrell's exit from the Ad industry sets off questions about future

Sorrell's exit would have been a big deal at any point, but the manner of his departure has amplified the attention

Sapna Maheshwari | NYT 

It came as a shock to Madison Avenue in the late 1980s when a British financial whiz named Martin Sorrell came for two pre-eminent American advertising agencies, embarking on hostile takeovers of J Walter Thompson and the Ogilvy Group on his way to forging a global empire. Almost three decades later, Sorrell was again at the centre of another earthshaking moment for the industry. A little over a week ago, WPP announced that Sorrell had abruptly resigned as chief executive, a position that, he told Ken Auletta of The New Yorker last year, he intended to keep “until they shoot ...

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First Published: Mon, April 23 2018. 22:55 IST
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