{"id":3647,"date":"2018-04-04T11:48:46","date_gmt":"2018-04-04T15:48:46","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=0264a749c06aaa890ab5b9780540ffc2"},"modified":"2018-04-04T11:48:46","modified_gmt":"2018-04-04T15:48:46","slug":"shares-in-wpp-drop-as-advertising-giant-investigates-ceo","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/04\/04\/shares-in-wpp-drop-as-advertising-giant-investigates-ceo\/","title":{"rendered":"Shares in WPP drop as advertising giant investigates CEO"},"content":{"rendered":"<p>LONDON &#8212; Shares in WPP, the world&#8217;s largest advertising agency, have fallen after an announcement that the board is investigating an allegation of personal misconduct against its chief executive, Martin Sorrell.<\/p>\n<p>WPP&#8217;s share price closed down 2 per cent on Wednesday.<\/p>\n<p>The Wall Street Journal reported the allegations involve possible misuse of assets and improper behaviour.<\/p>\n<p>No details were offered but WPP says &#8220;the allegations do not involve amounts which are material to WPP.&#8221;<\/p>\n<p>Sorrell, who has run WPP for more than three decades, noted the claim of financial impropriety and said he rejected &#8220;the allegation unreservedly,&#8221; adding that he won&#8217;t play any role in the management of the investigation.<\/p>\n<p>Ian Whittaker, analyst at Liberum, says the allegations could &#8220;intensify&#8221; speculation about Sorrel&#8217;s future as CEO.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON &mdash; Shares in WPP, the world&rsquo;s largest advertising agency, have fallen after an announcement that the board is investigating an allegation of personal misconduct against its chief executive, Martin Sorrell. WPP&rsquo;s share price closed down 2 per cent on Wednesday. The Wall Street Journal reported the allegations involve possible misuse of assets and improper [&hellip;]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/3647"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=3647"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/3647\/revisions"}],"predecessor-version":[{"id":3648,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/3647\/revisions\/3648"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=3647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=3647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=3647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}