Mark Read will step down from UK group after market capitalisation halved during his seven-year tenure

Mark Read will step down from UK group after market capitalisation halved during his seven-year tenure

CEO to leave global advertising group after three decades as shares lag at lowest level in about five years

Read has helmed the British company for about seven years and has been with the company for more than 30 years.

Mark Read to step down as WPP chief as company is outperformed by Publicis and share prices tumble