Friday, June 20, 2025
English English French Spanish Italian Korean Japanese Russian Hindi Chinese (Simplified)

During an in-depth interview with The Times, WPP CEO Mark Read opened up about steering the world’s largest advertising network through seismic change—including AI adoption, cultural shifts, and financial hurdles. Under Read’s leadership since 2018, WPP has embarked on a massive transformation: agency consolidations, tech modernization, and spiking debt reduction.

On artificial intelligence, Read demonstrated cautious optimism. Highlighting WPP’s in-house AI “Open” tools and recent acquisitions of AI firms, he said integrating AI “will ultimately be recognized by stakeholders,” putting it “at the heart of both creative and tech-driven offerings”

But Read didn’t shy away from admitting the pressures of leadership. He described life as CEO as “unrelenting,” grappling with unpredictable global markets and internal resistance—particularly around his push for a four-day office workweek.

Despite strong partnerships with giants like Ford and Verizon, WPP’s stock price has fallen ~35% this year—half its value since 2018. Read acknowledged the criticism: “I didn’t know you were writing a profile… you never know what’s going to happen from one day to the next,” adding that he values discretion and resilience.

As WPP navigates a creative+tech pivot amid stakeholder scrutiny, Read’s balance of bold innovation and transparency underscores both the urgency and complexity of steering a legacy ad holding company into a digital-first future.

Subscribe

* indicates required

The Enterprise is a leading online platform focused on delivering in-depth coverage of marketing, technology, AI, and business trends worldwide. With a sharp focus on the evolving marketing landscape, it provides insights into strategies, campaigns, and innovations shaping industries today. Stay updated with daily marketing and campaign news, people movements, and thought leadership pieces that connect you to senior marketing and business leaders. Whether you’re tracking global marketing developments or seeking to understand how executives drive growth, The Enterprise is your go-to resource.

Address: 150th Ct NE, Redmond, WA 98052-4166

©2025 The Enterprise – All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept