Every signal in this story, with the reporting each one was drafted from.
A year into Cindy Rose’s tenure, WPP Media’s retention rate has climbed to 43% from 16%, with $3 billion in new accounts won versus $2.81 billion lost. Operating margin still sits at 4.1%, far below Publicis’s 17.4%.
WPP faces a former exec’s kickback lawsuit, a class action alleging execs misled shareholders for 19 months, and a Sony probe finding WPP kept 80% of publisher rebates. Clients like Coca-Cola still praise the holdco publicly.