Martin Sorrell Teases Ken Auletta and Reveals More Plans for S4 Capital in His First Post-Exit Cannes Appearance

Ex-WPP CEO says Google and Facebook are no longer 'frenemies' to marketers

Martin Sorrell's S4 Capital reported third-quarter earnings in line with expectations. Getty Images

CANNES, France—In what may be the least surprising bit of ad industry news to emerge in the past three months, Martin Sorrell confirmed today that for the past “eight, nine, 10 years,” the plan at WPP had been to have Wunderman CEO Mark Read and chief operating officer Andrew Scott take over as co-CEOs in the event of his own departure.

@PatrickCoffee Patrick Coffee is a senior editor for Adweek.