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"https://www.theguardian.com/business/2025/jun/09/wpp-boss-mark-read-steps-down-ad-agency-ai-shares"
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"WPP chief Mark Read steps down as ad agency battles AI"
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"WPP CEO Mark Read announced his departure after more than 30 years with the company, citing the need to adapt to the changing landscape of the advertising industry. Under his leadership, WPP's share price has shed about half its value, and the company has struggled to compete with the rise of AI tech. Read will stay on as CEO until the end of the year while the board searches for his successor."
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"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgyaxdzsjh5cdhke4aey6f4gcklwq59l6c2uxt79ua5crgyfcusq3cwyf5fq\nhttps://i.guim.co.uk/img/media/c60f985e0539c02919590dbbc3e47a7e5a6b7e62/662_0_4442_3552/master/4442.jpg?width=140\u0026quality=85\u0026auto=format\u0026fit=max\u0026s=f8aa20b2d9b4c3d653f2b7cab0462163\nCEO to leave global advertising group after three decades as shares lag at lowest level in about five yearsBusiness live – latest updatesThe boss of WPP, Mark Read, has announced he will step down, as the advertising agency which was once the largest in the world struggles against the rise of AI and its shares lag at their lowest level in about five years.Read will leave WPP after more than 30 years, with just under seven spent in the top job. He will stay on as chief executive until the end of the year while the board starts to look for his successor. Continue reading...\nhttps://www.theguardian.com/business/2025/jun/09/wpp-boss-mark-read-steps-down-ad-agency-ai-shares",
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