Here’s the full letter Martin Sorrell sent WPP staff after standing down as CEO

WPA Pool/Getty Images Prominent adman Sir Martin Sorrell has resigned from his role as chief executive of WPP, the manufacturer he transformed into an advertising and marketing firm with global reach. While his resignation relates to an investigation into allegations of misconduct involving amounts of money which WPP says are not “material” to the firm, the specific reasons […]

WPP CEO Martin Sorrell resigns in the wake of misconduct allegations

Oli Scarff/Getty Images WPP CEO Martin Sorrell resigned from the advertising company on Saturday. The move follows an investigation into allegations of improper behavior and misuse of assets. Sorrell has denied the allegations, but said Saturday that the “current disruption” was “putting too much unnecessary pressure on the business.” WPP CEO Sir Martin Sorrell announced […]

WPP CEO Sir Martin Sorrell may have played a key role in the failed Kraft/Unilever takeover bid (WPP)

Kirsty Wigglesworth/AP Photo WPP CEO Martin Sorrell momentarily found himself on both sides of Kraft Heinz’s takeover bid of Unilever, according to a report from the Financial Times. The public relations company Finsbury, acquired by WPP in 2001, was hired by Kraft Heinz to advise it on the takeover bid. But the consumer goods company […]