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| Joanne Wilson |
John Rogers, CFO at WPP, is exiting the company after nearly three years to pursue broader management duties elsewhere.
Joanne Wilson, CFO at Britvic soft drinks company, will take over for Rogers after the closing of the 2022 books.
He will be available to WPP through the end of next year to ensure a smooth transition to Wilson when she assumes the CFO post during the first half of 2023.
Rogers helped guide WPP through both CEO Mark Read’s creative transformation program in the aftermath of Martin Sorrell and the pandemic.
Read thanked Rogers for his leadership and contributions to WPP, which included an overall revamping of its financial function.
Rogers said he’s leaving WPP at a time when it is well-positioned for success and enters its next round of growth.
“I feel now is the right time to move on to new challenges and to begin a smooth transition to a new CFO,” he said.
Wilson began her career at KMPG and held various jobs at Tesco, including CFO at its data science unit.
Public Policy Holding Company registered 23.8 percent Q3 growth to $48.8M, with organic growth contributing 4.5 percent and the balance driven by merger & acquisition activity.
Publicis Groupe reported 3.1 percent in Q3 growth to $4B, sparked by a 3.6 percent jump North America, its biggest market.
WPP suffered a 10.2 percent drop in 1H revenues to $6.7B and a 47.8 percent plunge in operating profit to $297M.
Interpublic reported Q2 net revenues dropped 6.6 percent to $2.2B and operating income tumbled 23.4 percent to $243.7M. 
WPP has adopted a gloomier profit and sales forecast due to a deteriorating Q2 financial performance triggered by weak client spending as companies cope with the challenging economic backdrop.
