$WPP

WPP announced Jon Cook, CEO of VML and WPP Creative, will depart in March 2027. Eric Campbell, current North America CEO, will succeed him. Cook led VML's growth and the 2024 merger of VMLY&R and Wunderman Thompson. WPP CEO Cindy Rose praised Cook's contributions and Campbell's leadership.

BlackRock filed a TR-1 on Oct 1, 2026, confirming it crossed a voting rights threshold in WPP (LSE:WPP) without disclosing the percentage. WPP is rolling out AI companywide, testing model-routing agents and restricting advanced-AI access by role.

WPP reported Q1 net revenues of 2.26 billion GBP, down 6.7% organically, in line with guidance. The company expects a mid-to-high single-digit revenue decline in H1 2026, with improvement in H2. Full-year pre-tax profit margin is projected at 12-13%. CEO Cindy Rose highlighted progress in the 'Elevate28' turnaround plan, citing new business wins and cost-cutting measures.

Jon Cook, global CEO of VML and WPP Creative, will leave WPP in March 2027 after 30 years. Eric Campbell, current North America CEO, will take over VML's global leadership. Cook led WPP Creative's consolidation and VML's merger. Both executives emphasized a smooth transition.

BlackRock, Inc. reported crossing a major holding threshold in WPP PLC on September 30, 2026, due to an acquisition or disposal of voting rights and financial instruments. The notification was submitted on October 1, 2026, detailing the resulting voting rights and financial instrument positions.

WPP AUNZ reported a 10% revenue decline in FY25, with creative agency revenue down 23% to $190.7M and media revenue stable at $402.4M. The company lost major clients and reduced headcount by 300. Despite a $35.4M loss before tax, CEO Rose Herceg expressed optimism about the company's direction and leadership.

WPP Media announced the departures of Sindhuja Rai, APAC chief client officer, and Arthur Altounian, Singapore and Malaysia leader. The company stated no major restructuring is planned, but the exits may impact client relationships and operations.

WPP Australia and New Zealand reported a 9% revenue decline in 2025, with total revenue falling to $700.3m from $769.1m in 2024. Headcount decreased by 335. CEO Cindy Rose noted first-half performance aligned with expectations, citing momentum from new business wins. WPP expects a low- to mid-single-digit revenue decline in the second half, maintaining its full-year operating margin forecast of 12-13%.

WPP plc (LSE/NYSE: WPP) announced that Joanne Wilson, its Chief Financial Officer, is stepping down to join Diageo. A successor will be appointed, and Wilson will stay until the transition is complete. The company's 2026 guidance remains unchanged. According to CEO Cindy Rose, Wilson played a key role in WPP's Elevate28 growth strategy.

Richard Foster, a WPP whistleblower, filed a motion opposing WPP's request to dismiss his lawsuit. Foster alleges WPP retaliated against him for reporting misappropriated client media rebates, including $350 million in China. He seeks $100 million in damages, citing inconsistent explanations for his firing. A hearing is scheduled for October.