Source: ad giant WPP taps company veteran Mark Read as new CEO and is expected to announce the news early this week, after Mr. Sorrell's resignation in April (Nick Kostov/Wall Street Journal)

Nick Kostov / Wall Street Journal:
Source: ad giant WPP taps company veteran Mark Read as new CEO and is expected to announce the news early this week, after Mr. Sorrell's resignation in April  —  Read succeeds Martin Sorrell and inherits an ad firm challenged by Facebook, Google  —  WPP WPP -.26% PLC has chosen Mark Read …

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