WPP Co-COO Mark Read Responds to Allegations Against Martin Sorrell in All-Staff Memo

Promises to review company whistleblower policies

Don't miss ADWEEK House at Cannes, June 16-19. Join us as we celebrate our 45th anniversary and explore the industry's now and next. RSVP.

In a memo sent out to all WPP employees around the world this morning, holding company co-COO and Wunderman chief executive Mark Read struck a tone of mutual respect and reassurance following reports by The Wall Street Journal and The Financial Times that claimed former CEO Martin Sorrell resigned while the company’s board of directors investigated claims that he allegedly spent business funds on a prostitute.

Last weekend, a spokesperson for Sorrell said he “strenuously denies” the claims, but declined to comment further, citing a non-disclosure agreement signed when he stepped down two months ago.

The

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in