Extra modifications are afoot at WPP, as chief working officer and board member Andrew Scott introduced on Friday (Aug. 29) he’ll retire on the finish of the yr.
Scott had been WPP’s COO since 2018, overseeing its operational construction and main acquisitions. He joined the corporate in 1999 as a director of company growth and was named to the board in 2023.
He’ll work with incoming CEO Cindy Rose as he transitions out of the corporate to change into a senior advisor, supporting different senior executives and aiding in technique execution.
“After 27 years at WPP, and at a time of transition for the enterprise, it seems like the precise second to make this variation,” Scott stated in a press release. “I’ve recognized Cindy for a very long time and labored carefully along with her on the board of WPP, and I’m excited for the way forward for WPP beneath her management. I’d additionally prefer to thank Mark and the remainder of the crew for all of the help they’ve given me through the years.”
Throughout his tenure at WPP, Scott was behind acquisitions together with Satalia and InfoSum. He additionally performed an important function within the sale of 60% of Kantar to Bain Capital and the next sale of FGS World to KKR.
“Few folks have performed greater than Andrew to form WPP and to drive its success during the last three a long time,” outgoing WPP CEO Mark Learn stated in a press release. “He has been a superb accomplice to me and the broader management crew all through and has made an incredible contribution to WPP in his most up-to-date function as chief working officer.”
Scott’s upcoming departure is the most recent personnel transfer on WPP’s C-suite. Learn introduced in June that after a seven-year tenure main the corporate and a three-decade profession there, he would step down on Monday, Sept. 1. He will even keep on as an advisor to help the transition via the tip of the yr.
Rose was introduced as WPP’s subsequent CEO in July. She was beforehand Microsoft’s chief working officer for international enterprise, a place she had held since 2023, and had been a WPP board member since 2018.
This previous Wednesday, she addressed workers for the primary time, saying in a video obtained by ADWEEK, “You could possibly say I’ve been a mega-fan of WPP for greater than 15 years now.” She added, “I really feel so privileged and impressed to work along with all of you to write down WPP’s subsequent chapter, and our subsequent chapter shall be improbable.”
