Martin Sorrell’s abrupt exit from WPP leaves the advertising empire in search of a new chief executive for the first time and vulnerable to a break-up, as the sprawling network of agencies faces its biggest challenges since the global financial crisis.
The shares fell as much as 6.6 per cent in London on Monday with WPP’s future strategy now unclear. Sorrell, who turned a 1985 investment in a wire shopping basket manufacturer into...
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