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LONDON - WPP plc (LSE/NYSE:WPP) announced Friday that Andrew Scott will retire as Chief Operating Officer and step down from the company’s Board at the end of 2025.
Scott, who has been with the advertising and marketing services company for 27 years, will work with incoming CEO Cindy Rose during the transition period and continue as a Senior Advisor afterward to help transfer his responsibilities to other executives.
Since joining WPP in 1999 as Director of Corporate Development, Scott has held various senior positions, including Chief Operating Officer for Europe, before being appointed global Chief Operating Officer in 2018. He joined the Board in 2023.
During his tenure, Scott led WPP’s merger and acquisition activities, overseeing key purchases that helped establish the company’s position in artificial intelligence, data and technology, including Satalia and InfoSum. He also managed strategic disposals such as the sale of 60% of Kantar to Bain Capital and the subsequent divestiture of FGS Global to KKR.
"After 27 years at WPP, and at a time of transition for the business, it feels like the right moment to make this change," Scott said in the press release statement.
Mark Read, the outgoing CEO of WPP, acknowledged Scott’s contributions, noting that "few people have done more than Andrew to shape WPP and to drive its success over the last three decades."
The company stated that details of Scott’s compensation relating to his directorship will be disclosed on WPP’s website in compliance with the Companies Act 2006.
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