WPP Stock Takes a Dive as CEO Mark Read Laments ‘Tough’ Quarter and Confirms Kantar Sale

Finance director also stepping down after 26 years

Read acknowledged ongoing troubles in North America. WPP

On today’s earnings call, WPP CEO Mark Read acknowledged the company had a difficult quarter thanks to a string of major media account losses and underperformance on the creative side of the business, especially in North America.

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@PatrickCoffee patrick.coffee@adweek.com Patrick Coffee is a senior editor for Adweek.