WPP Chairman Rails Against 'Doomsters'

Lader doesn't name names in forceful address during annual meeting

Without warning, the discussion at WPP's annual meeting in Dublin on Thursday suddenly turned to prophecies of end times—end times, that is, for marketing. While discussing numbers that signal an economic rebound for the company, WPP Chairman Philip Lader launched into a surprising attack on those who, he says, are making silly predictions about doomsday for marketing.