 Martin Sorrell |
Martin Sorrell, who was "extracted" from the helm of WPP in April, was under scrutiny by the ad/PR firm about whether he used company funds to pay for the services of a prostitute, according to the June 9 Wall Street Journal.
Sorrell has "unreservedly" denied misusing any of WPP's financial assets.
His shocking departure from the helm of the company that he launched more than 30 years ago will be front and center at WPP's general meeting slated for June 13.
WPP dropped its investigation into Sorrell once he stepped down from the helm.
A spokesperson for Sorrell noted that he signed a nondisclosure agreement, which he has adhered to. The firm also is "prohibited by data protection law from giving such details," it was noted.
The 73-year-old Sorrell, who will receive more than $25M in incentives from WPP, did not have a non-compete clause in his contract.
He is planning to use a corporate shell company to forge a technology/data-focused marketing communications company via acquisitions.
If you’re like a lot of people, you have been obsessed with “Love Story,” the FX series that has been airing for the past eight weeks about JFK Jr. and Carolyn Bessette. But why didn’t Kennedy use crisis PR to deal with the paparazzi, the news media and the tabloids?
Much is made of the importance of proper planning to anticipate and manage a crisis—but what matters most is understanding how decisions will be made once the crisis is underway.
Slow and procedural messaging without emotional resonance, fragmented leadership communication, overwhelming policy‑heavy language and a pervasive gap between words and observable action have repeatedly undermined corporate credibility.
New York Magazine profiles 78-year-old Peggy Siegal, who was once among the most powerful publicists in the Big Apple, in an article headlined: "The Grand Dame of the Epstein Files.”
