Founder says successor should be 'hung, drawn and quartered'

0:00
he called for the chief executive but
0:03
one should be hung, drawn and quartered.
0:06
>> Martin Sorrell who worked and built WPP
0:09
for for over 30 years hasn't been shy
0:11
about criticizing kind of what's
0:13
happened since he's left. He called WPP
0:15
catatonic. He said it was a bust of a
0:17
flash and as you said he he criticized
0:20
Mark Read who is now the ex-CEO. In his
0:22
view he basically thinks the company has
0:24
gone too far to be you know saved in any
0:26
way and that if he was running it he
0:28
also said that he would break it up.
0:30
Also interestingly this week Goldman
0:31
Sachs who's literally paid by WPP to
0:33
represent it told investors to sell the
0:35
stock which is
0:37
>> [laughter]
0:38
>> I'm looking at the share price year to
0:39
date. It's down [clears throat] nearly
0:41
20%.
0:42
>> It was no one's stock pick was it at the
0:44
end of last year?
0:44
>> Over the last five years it's down
0:46
72.8%.

Founder says successor should be 'hung, drawn and quartered'

City AM

BP’s leadership just hit a massive roadblock.

The big banks thought Revolut was "cute" - until it hit a $75 billion valuation. 📈

Mike Ashley is back in the headlines. 📰

Lord Mandelson and JP Morgan are at the heart of a new Epstein files bombshell. 💣

Why Primark is leaving ABF 👗

Will Reform UK nationalise British companies? 🇬🇧

Keir Starmer says he’s a fighter, but is he losing the war for No. 10?

London’s insurance industry is getting too old.

Is Keir Starmer's leadership on borrowed time?

The role of the CEO is fundamentally changing. 📉

Why the founder of Lush has ended up in court

The AI ROI Revolution 🚀

Imagine finding out you’re being laid off because of an accidental email. 📩

Is this the end for Global Counsel?

The "Punk" era of craft beer is facing its final curtain call. 🍺

Up next in 10

Founder says successor should be 'hung, drawn and quartered'

City AM