WPP Management

Management criteria checks 4/4

WPP's CEO is Mark Read, appointed in Sep 2018, has a tenure of 5.67 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 $9.57M. The average tenure of the management team and the board of directors is 5.5 years and 4.4 years respectively.

Key information

Mark Read

Chief executive officer

UK£4.5m

Total compensation

CEO salary percentage24.5%
CEO tenure5.7yrs
CEO ownership0.09%
Management average tenure5.5yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Read's remuneration changed compared to WPP's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023UK£4mUK£1m

UK£110m

Sep 30 2023n/an/a

UK£324m

Jun 30 2023n/an/a

UK£537m

Mar 31 2023n/an/a

UK£610m

Dec 31 2022UK£7mUK£1m

UK£683m

Sep 30 2022n/an/a

UK£663m

Jun 30 2022n/an/a

UK£643m

Mar 31 2022n/an/a

UK£640m

Dec 31 2021UK£4mUK£1m

UK£638m

Sep 30 2021n/an/a

UK£564m

Jun 30 2021n/an/a

UK£490m

Mar 31 2021n/an/a

-UK£1b

Dec 31 2020UK£2mUK£910k

-UK£3b

Jun 30 2020n/an/a

-UK£3b

Mar 31 2020n/an/a

-UK£879m

Dec 31 2019UK£3mUK£975k

UK£848m

Jun 30 2019n/an/a

UK£533m

Mar 31 2019n/an/a

UK£735m

Dec 31 2018UK£2mUK£325k

UK£698m

Compensation vs Market: Mark's total compensation ($USD5.62M) is below average for companies of similar size in the US market ($USD13.53M).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


CEO

Mark Read (57 yo)

5.7yrs

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

NamePositionTenureCompensationOwnership
Mark Read
CEO & Executive Director5.7yrsUK£4.50m0.089%
£ 9.6m
Joanne Wilson
CFO & Director1.1yrsUK£1.84m0.0018%
£ 189.2k
Andrew Grant Scott
COO & Executive Director5.7yrsUK£2.10m0.079%
£ 8.6m
Stephan Pretorius
Chief Technology Officer5.6yrsno datano data
Rachel Higham
Chief Information Officer3.4yrsno datano data
Tom Waldron
Group Investor Relations Directorno datano datano data
Andrea Harris
Group Chief Counsel19.3yrsno datano data
Chris Wade
Director of Communications & Corporate Affairsno datano datano data
Laurent Ezekiel
Chief Marketing Officer & Chief Growth Officer5.4yrsno datano data
Lindsay Pattison
Global Chief People Officerless than a yearno datano data
Vanessa Edwards
Head of Sustainabilityno datano datano data
Scott Megginson
President of Kantar Insights Canadano datano datano data

5.5yrs

Average Tenure

49yo

Average Age

Experienced Management: WPPG.F's management team is seasoned and experienced (5.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Read
CEO & Executive Director5.7yrsUK£4.50m0.089%
£ 9.6m
Joanne Wilson
CFO & Director1.1yrsUK£1.84m0.0018%
£ 189.2k
Andrew Grant Scott
COO & Executive Directorless than a yearUK£2.10m0.079%
£ 8.6m
AnnaMaria DeSalva
Chairman & CEO of Hill+Knowlton Strategiesno datano datano data
Jeremy J. Bullmore
Member of the Advisory Boardno dataUK£49.46kno data
Stanley Morten
Member of Advisory Boardno datano datano data
John Quelch
Member of the Advisory Boardno datano datano data
Roberto Quarta
Chairman9.3yrsUK£570.00k0.0082%
£ 882.2k
Angela Ahrendts
Senior Independent Non-Executive Director3.8yrsUK£147.00k0.0012%
£ 126.5k
Sandrine Dufour
Independent Non-Executive Director4.3yrsUK£148.00k0.0014%
£ 151.3k
Keith C. Weed
Independent Non-Executive Director4.5yrsUK£146.00k0.00079%
£ 85.4k
Jasmine Whitbread
Independent Non-Executive Director4.7yrsUK£155.00k0.00081%
£ 87.6k

4.4yrs

Average Tenure

61yo

Average Age

Experienced Board: WPPG.F's board of directors are considered experienced (4.4 years average tenure).


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