Mark Read Appointed WPP CEO In Place of Martin Sorrell

WPP Plc, the world’s largest communication services group, announced the appointment of Mark Read as the Chief Executive Officer (CEO) and Executive Director (ED) to the company’s board with immediate effect. 
He takes over the position from Martin Sorrell, who resigned from WPP, 33 years after founding the company, following allegations of personal misconduct and misuse of company assets. 
Source- The Livemint