ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

WPP Wpp Plc

812.40
16.00 (2.01%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wpp Plc LSE:WPP London Ordinary Share JE00B8KF9B49 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  16.00 2.01% 812.40 811.20 811.80 820.60 800.00 802.00 8,463,087 16:35:27
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Advertising Agencies 14.84B 110.4M 0.1027 79.05 8.73B

GroupM North America CEO Brian Lesser to Depart for AT&T Role

04/08/2017 2:45pm

Dow Jones News


Wpp (LSE:WPP)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Wpp Charts.
By Alexandra Bruell 

GroupM North America Chief Executive Brian Lesser is leaving the WPP-owned media agency group to join AT&T Inc.

Kelly Clark, GroupM's global CEO, will take on the North America duties while the company searches for a successor, the company said.

The media agency group supported AT&T as a client for many years, but last year lost the business to rival Omnicom.

GroupM is the WPP unit that houses media agencies Mindshare, MEC, MediaCom, Maxus and Essence. WPP recently announced plans to combine MEC and Maxus.

Mr. Lesser was elevated to the GroupM role two years ago from his role as CEO of digital media group Xaxis.

AT&T is tapping the digital media pioneer as marketers seek more control over a business which has grown in complexity, with the advent of new technologies and digital mediums.

Mr. Lesser is tasked with building an advertising and analytics business using the company's customer data and content assets. He'll be CEO of the business and report to AT&T Chairman and CEO Randall Stephenson, the company said.

"Brian is a terrific executive and one of the best there is in harnessing technology and data to create targeted advertising," said Mr. Stephenson. "Once we complete our acquisition of Time Warner Inc., we believe there is an opportunity to build an automated advertising platform that can do for premium video and TV advertising what the search and social media companies have done for digital advertising."

"Brian has been a key contributor to 24/7, Xaxis and most recently GroupM, and we are sorry to see him go, but wish him every success in his new role," said a GroupM spokesman.

Write to Alexandra Bruell at alexandra.bruell@wsj.com

 

(END) Dow Jones Newswires

August 04, 2017 09:30 ET (13:30 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

1 Year Wpp Chart

1 Year Wpp Chart

1 Month Wpp Chart

1 Month Wpp Chart

Your Recent History

Delayed Upgrade Clock