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 12 months.
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 improvement and was named to the board in 2023.
He’ll work with incoming CEO Cindy Rose as he transitions out of the corporate to develop 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 appears like the best second to make this alteration,” Scott stated in a press release. “I’ve recognized Cindy for a very long time and labored intently together with her on the board of WPP, and I’m excited for the way forward for WPP below her management. I’d additionally wish to thank Mark and the remainder of the workforce for all of the help they’ve given me over time.”
Throughout his tenure at WPP, Scott was behind acquisitions together with Satalia and InfoSum. He additionally performed an important position within the sale of 60% of Kantar to Bain Capital and the following sale of FGS World to KKR.
“Few individuals have executed greater than Andrew to form WPP and to drive its success over the past three a long time,” outgoing WPP CEO Mark Learn stated in a press release. “He has been a superb associate to me and the broader management workforce all through and has made an amazing contribution to WPP in his most up-to-date position as chief working officer.”
Scott’s upcoming departure is the newest 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 may also keep on as an advisor to help the transition by means of the top of the 12 months.
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 jot down WPP’s subsequent chapter, and our subsequent chapter shall be unbelievable.”
