WPP Management
Management criteria checks 4/4
WPP's CEO is Mark Read, appointed in Sep 2018, has a tenure of 6.25 years. total yearly compensation is £4.50M, comprised of 24.5% salary and 75.5% bonuses, including company stock and options. directly owns 0.089% of the company’s shares, worth €9.54M. The average tenure of the management team and the board of directors is 6 years and 5 years respectively.
Key information
Mark Read
Chief executive officer
UK£4.5m
Total compensation
CEO salary percentage | 24.5% |
CEO tenure | 6.3yrs |
CEO ownership | 0.09% |
Management average tenure | 6yrs |
Board average tenure | 5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | n/a | n/a | UK£203m |
Mar 31 2024 | n/a | n/a | UK£157m |
Dec 31 2023 | UK£4m | UK£1m | UK£110m |
Sep 30 2023 | n/a | n/a | UK£324m |
Jun 30 2023 | n/a | n/a | UK£537m |
Mar 31 2023 | n/a | n/a | UK£610m |
Dec 31 2022 | UK£7m | UK£1m | UK£683m |
Sep 30 2022 | n/a | n/a | UK£663m |
Jun 30 2022 | n/a | n/a | UK£643m |
Mar 31 2022 | n/a | n/a | UK£640m |
Dec 31 2021 | UK£4m | UK£1m | UK£638m |
Sep 30 2021 | n/a | n/a | UK£564m |
Jun 30 2021 | n/a | n/a | UK£490m |
Mar 31 2021 | n/a | n/a | -UK£1b |
Dec 31 2020 | UK£2m | UK£910k | -UK£3b |
Jun 30 2020 | n/a | n/a | -UK£3b |
Mar 31 2020 | n/a | n/a | -UK£879m |
Dec 31 2019 | UK£3m | UK£975k | UK£848m |
Jun 30 2019 | n/a | n/a | UK£533m |
Mar 31 2019 | n/a | n/a | UK£735m |
Dec 31 2018 | UK£2m | UK£325k | UK£698m |
Compensation vs Market: Mark's total compensation ($USD5.66M) is about average for companies of similar size in the German market ($USD4.86M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Read (58 yo)
6.3yrs
Tenure
UK£4,498,000
Compensation
Mr. Mark Read CBE serves as Board of Trustee at Natural History Museum. He has been the Chief Executive Officer and Executive Director of WPP Plc since September 3, 2018. He serves as Director at FGH SVC H...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | 6.3yrs | UK£4.50m | 0.089% € 9.5m | |
CFO & Director | 1.7yrs | UK£1.84m | 0.0018% € 188.5k | |
COO & Executive Director | 6.3yrs | UK£2.10m | 0.079% € 8.5m | |
Chief Technology Officer | 6.2yrs | no data | no data | |
Chief Information Officer | 4yrs | no data | no data | |
Group Investor Relations Director | no data | no data | no data | |
Group Chief Counsel | 19.9yrs | no data | no data | |
Director of Communications & Corporate Affairs | no data | no data | no data | |
Chief Marketing Officer & CEO of WPP Open X | 6yrs | no data | no data | |
President of Corporate Development | less than a year | no data | no data | |
Global Chief People Officer | less than a year | no data | no data | |
Head of Sustainability | no data | no data | no data |
6.0yrs
Average Tenure
53yo
Average Age
Experienced Management: 0WPA's management team is seasoned and experienced (6 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | 6.3yrs | UK£4.50m | 0.089% € 9.5m | |
CFO & Director | 1.7yrs | UK£1.84m | 0.0018% € 188.5k | |
COO & Executive Director | 1.3yrs | UK£2.10m | 0.079% € 8.5m | |
Member of the Advisory Board | no data | UK£49.46k | no data | |
Member of Advisory Board | no data | no data | no data | |
Member of the Advisory Board | no data | no data | no data | |
Chairman | 9.9yrs | UK£570.00k | 0.0082% € 879.0k | |
Senior Independent Non-Executive Director | 4.4yrs | UK£147.00k | 0.0012% € 126.0k | |
Independent Non-Executive Director | 4.8yrs | UK£148.00k | 0.0014% € 150.8k | |
Chairman of Burson | no data | no data | no data | |
Independent Non-Executive Director | 5.1yrs | UK£146.00k | 0.00079% € 85.1k | |
Independent Non-Executive Director | 5.3yrs | UK£155.00k | 0.00081% € 87.3k |
5.0yrs
Average Tenure
62yo
Average Age
Experienced Board: 0WPA's board of directors are considered experienced (5 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/22 13:27 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/06/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
| |
Analyst Consensus Estimates | +3 years |
|
|
Market Prices | 30 years |
| |
Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
WPP plc is covered by 47 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Hélène Coumes | AlphaValue |
JULIEN ROCH | Barclays |
Sarah Simon | Berenberg |