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WPP Names Microsoft Veteran Cindy Rose as CEO

She will take the helm of a pressured ad giant, with clients awaiting proof of performance at the account level.

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Overview

  • Rose is set to succeed Mark Read on September 1 after his seven-year tenure leading WPP.
  • The appointment follows an 18% slump in U.S.-listed shares after WPP issued a profit warning and cut its full-year outlook.
  • Chair Philip Jansen cited Rose’s track record in AI and digital transformation as essential for steering through economic headwinds.
  • Major clients have signaled they care more about local account leadership and measurable results than the corporate leadership change.
  • Analysts and insiders warn Rose must integrate her tech background with WPP’s services model and reverse recent losses of key accounts.