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WPP plc information


WPP plc
Company typePublic
Traded as
LSE: WPP
FTSE 100 Component
ISINJE00B8KF9B49 Edit this on Wikidata
Industry
  • Communications
  • Advertising
  • Public relations
Founded1971; 53 years ago (1971)
(Wire and Plastic Products plc)
1985
(Sorrell acquisition and entry into advertising)
Founders
  • Martin Sorrell
  • Preston Rabl
(as an advertising company)
HeadquartersLondon, England, UK
Area served
Worldwide
Key people
  • Roberto Quarta (chair­person) Edit this on Wikidata
  • Mark Read (CEO) Edit this on Wikidata
Services
  • Integrated networks
  • media
  • data and insights
  • public relations and public affairs
  • brand consulting
  • production
  • health and wellness[1]
RevenueIncrease £14,428.7 million (2022)[2]
Operating income
Increase £1,297.8 million (2022)[2]
Net income
Increase £775.4 million (2022)[2]
Number of employees
115,000 (2024)[3]
Subsidiaries
  • AKQA
  • BCW
  • CMI Media Group
  • Essence Global
  • Grey
  • Hill+Knowlton Strategies
  • Mindshare
  • Ogilvy
  • Wavemaker
  • UWG Inc.
  • Wunderman Thompson
  • VMLY&R
Websitewww.wpp.com

WPP plc is a British multinational communications, advertising, public relations, technology, and commerce holding company headquartered in London, England. It was the world's largest advertising company, as of 2019.[4] WPP plc owns many companies, which include advertising, public relations, media, and market research networks such as AKQA, BCW, CMI Media Group, Essence Global, Finsbury, Grey, Hill+Knowlton Strategies, Mindshare, Ogilvy, Wavemaker, Wunderman Thompson, and VMLY&R. It is one of the "Big Four" agency companies, alongside Publicis, The Interpublic Group of Companies, and Omnicom Group.[5] WPP has a primary listing on the London Stock Exchange, and is a constituent of the FTSE 100 Index.[6]

On 14 April 2018, Martin Sorrell retired 33 years after founding the company. Roberto Quarta is chairman.[7] Mark Read is the CEO.[8]

  1. ^ "Our companies". WPP plc. Retrieved 16 September 2019.
  2. ^ a b c "Preliminary Results 2022" (PDF). WPP plc. Retrieved 23 February 2023.
  3. ^ "About us". WPP. Retrieved 12 February 2024.
  4. ^ "WPP no longer world's most valuable ad firm as share price falls". The Guardian. 19 October 2018. Retrieved 21 January 2019.
  5. ^ Elliott, Stuart (31 March 2002). "Advertising's Big Four: It's Their World Now". The New York Times.
  6. ^ "WPP". London Stock Exchange. Retrieved 17 September 2019.
  7. ^ "WPP CEO Sorrell Quits After Three Decades at Top of Ad World". Bloomberg.com. 14 April 2018. Retrieved 14 April 2018.
  8. ^ Holton, Kate (3 September 2018). "Ad giant WPP names Read as CEO for post-Sorrell era". Reuters – via www.reuters.com.

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