WPP PLC Board Change (7636L)
07 Septiembre 2023 - 8:50AM
UK Regulatory
TIDMWPP
RNS Number : 7636L
WPP PLC
07 September 2023
For Immediate Release 7 September 2023
WPP plc ("WPP")
WPP ANNOUNCES APPOINTMENT OF CHIEF OPERATING OFFICER TO THE
BOARD
WPP (LSE/NYSE:WPP) today announced that its Chief Operating
Officer, Andrew Scott, has been appointed as an Executive Director
to the Board of WPP, with immediate effect.
Andrew joined WPP in 1999 as Director of Corporate Development.
He held a number of other senior roles including Chief Operating
Officer for Europe before being appointed global Chief Operating
Officer in 2018.
Roberto Quarta, Chairman of WPP, said: "Andrew brings to the
Board a deep understanding of our business from his 24 years with
WPP and the significant contribution he has made to our success
during that time."
Mark Read, Chief Executive Officer of WPP, said: "This
appointment recognises the key role that Andrew plays in the
company, and the importance of continuously improving our
operational effectiveness."
Balbir Kelly-Bisla
Company Secretary
Further information
Chris Wade, WPP +44 (0)20 7282 4600
About WPP
WPP is the creative transformation company. We use the power of
creativity to build better futures for our people, planet, clients
and communities. For more information, visit www.wpp.com .
END
Notes
1. Remuneration arrangements
Andrew will be paid in accordance with the Directors'
Compensation Policy ("the Policy") approved by shareholders on 17
May 2023 as set out in the 2022 Annual Report.
Andrew will receive an annual base salary of GBP725,000 in line
with his existing compensation arrangements, be eligible to receive
annual bonus and Executive Performance Share Plan awards in line
with the Policy; be subject to shareholding requirements in line
with the Policy and receive a pension contribution in line with
those of the wider workforce in the UK. Further details of his
remuneration arrangements will be set out in the 2023 Directors'
Remuneration Report.
Andrew's contract of employment will be available for inspection
at the Company's registered office and on WPP's website, wpp.com,
in due course.
2. Shareholding information
Andrew currently holds 719,717 ordinary shares in the
Company.
3. Regulatory disclosure
Andrew has been a director of the following publicly quoted
companies during the five years preceding the date of this
announcement:
Scangroup plc (a subsidiary of WPP) (resigned on 4 August
2022)
No further disclosure obligations arise under paragraphs (1) to
(6) of LR 9.6.13 R of the UK Listing Authority's Listing Rules in
respect of this announcement.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
BOAEADNXELPDEFA
(END) Dow Jones Newswires
September 07, 2023 09:50 ET (13:50 GMT)
Wpp (LSE:WPP)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
Wpp (LSE:WPP)
Gráfica de Acción Histórica
De May 2023 a May 2024