File photo: Sir Martin Sorrell, chief executive officer of WPP, attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, 23 January, 2018. Photo: ReutersLondon: 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. A former rival chief executive and a current CEO told Reuters last week that the fact Sorrell was under investigation showed how the dynamic within WPP had changed. David Ogilvy famously referred to Sorrell as an “odious little jerk” when the WPP CEO sought to buy his company. Sorrell told staff that WPP had come through difficult times before and would do so again, saying he would be available to anyone who wanted advice.
Source: Mint April 15, 2018 15:33 UTC