WPP Management
Management criteria checks 4/4
WPP's CEO is Mark Read, appointed in Sep 2018, has a tenure of 5.58 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 $9.75M. The average tenure of the management team and the board of directors is 5.4 years and 4.3 years respectively.
Key information
Mark Read
Chief executive officer
UK£4.5m
Total compensation
| CEO salary percentage | 24.5% |
| CEO tenure | 5.6yrs |
| CEO ownership | 0.09% |
| Management average tenure | 5.4yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
WPP: Ad Giant Still Looks Attractively Valued
Mar 27WPP plc: Mixed Outlook But Priced Accordingly
Dec 07WPP Group: Recent Performance Reflects Slower Growth And Challenges Ahead
Sep 21WPP Non-GAAP EPS of 98.50p, revenue of £14.43B
Feb 23WPP acquires digital transformation agency Fēnom Digital
Jan 05WPP acquires Canadian commerce agency Diff
Dec 08WPP: Looking Cheap For A Global Ad Giant
Oct 31WPP goes ex-dividend tomorrow
Oct 12WPP acquires Passport Brand Design
Oct 06WPP acquires communications agency JeffreyGroup to expand footprint in Latin America
Sep 21WPP to acquire European e-commerce consultancy Newcraft
Sep 01WPP GAAP EPS of 33.00p, revenue of £6.75B beats by £180M
Aug 05WPP: Price Decline Offers Value
Jul 26WPP acquires Latin American ecommerce agency Corebiz
Jul 18WPP to acquire Australia-based Bower House Digital, marketing tech services agency
Jun 30WPP: Not A Quality Cyclical, We Look For A Cheaper Entry Point
Mar 29WPP: Return To Growth And An Attractive Valuation
Mar 04WPP: Strong Performance And Momentum Could Push It Higher
Nov 06WPP: Fairly Valued For Now
Aug 07WPP (WPP) Annual General Meeting Presentation - Slideshow
Jun 16WPP reports Q1 trading update
Apr 28WPP and TikTok announce global agency partnership
Feb 01WPP names Reilly global chief creative officer
Jan 14WPP: Not A Compelling Story Yet
Nov 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD5.65M) is below average for companies of similar size in the US market ($USD13.52M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Read (57 yo)
5.6yrs
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 | 5.6yrs | UK£4.50m | 0.089% £ 9.7m | |
| CFO & Director | less than a year | UK£1.84m | 0.0018% £ 192.7k | |
| COO & Executive Director | 5.6yrs | UK£2.10m | 0.079% £ 8.7m | |
| Chief Technology Officer | 5.5yrs | no data | no data | |
| Chief Information Officer | 3.3yrs | no data | no data | |
| Group Investor Relations Director | no data | no data | no data | |
| Group Chief Counsel | 19.3yrs | no data | no data | |
| Director of Communications & Corporate Affairs | no data | no data | no data | |
| Chief Marketing Officer & Chief Growth Officer | 5.3yrs | 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 | |
| President of Kantar Insights Canada | no data | no data | no data |
5.4yrs
Average Tenure
49yo
Average Age
Experienced Management: WPP's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 5.6yrs | UK£4.50m | 0.089% £ 9.7m | |
| CFO & Director | less than a year | UK£1.84m | 0.0018% £ 192.7k | |
| COO & Executive Director | less than a year | UK£2.10m | 0.079% £ 8.7m | |
| Chairman & CEO of Hill+Knowlton Strategies | no data | no data | no data | |
| 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 | 9.3yrs | UK£570.00k | 0.0082% £ 898.6k | |
| Senior Independent Non-Executive Director | 3.8yrs | UK£147.00k | 0.0012% £ 128.8k | |
| Independent Non-Executive Director | 4.2yrs | UK£148.00k | 0.0014% £ 154.2k | |
| Independent Non-Executive Director | 4.4yrs | UK£146.00k | 0.00079% £ 87.0k | |
| Independent Non-Executive Director | 4.6yrs | UK£155.00k | 0.00081% £ 89.2k |
4.3yrs
Average Tenure
61yo
Average Age
Experienced Board: WPP's board of directors are considered experienced (4.3 years average tenure).