14 APR

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 Saturday he was stepping down from the advertising company in the wake of an investigation into allegations of improper behavior and misuse of assets.

He said in a letter to staff that the “current disruption” was “putting too much unnecessary pressure on the business,” Reuters reported.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.