LONDON (Reuters) - The hunt for a new chief executive of WPP (WPP.L) after the sudden departure of Martin Sorrell in April is well advanced and moving ahead rapidly, Chairman Roberto Quarta told the advertising company’s annual general meeting on Wednesday.
Sorrell quit in April after an investigation into personal misconduct. He has denied any wrongdoing and the company has not given any details about the nature of the complaint.
The company is currently being run by Quarta, the executive chairman, and chief operating officers Mark Read and Andrew Scott.
Reporting by Kate Holton; editing by Jason Neely