STORY HIGHLIGHTS


WPP's CEO steps down

CNC
Added On April 17, 2018

The CEO of WPP, the world's biggest AD agency is stepping down amid  personal misconduct allegations.
 
Martin Sorrell announced his departure in a letter to employees Saturday.
 
A company statement says Sorrell will be treated as having retired.
 
The Wall Street Journal has reported that the investigation had been looking into whether Sorrell "misued company assets." Sorrell says he quote "unreservedly" denieds any inappropriate action.
 
Sorrell has run WPP for the past three decades, helping built it into a global advertisement titan.