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    Shares In WPP Drop As Company Board Investigates CEO Martin Sorrell

    By SHOOTUpdated:No Comments2260 Views
    Martin Sorrell, chief executive officer of advertising agency WPP speaks at the 128th International Olympic Committee (IOC) session in Kuala Lumpur, Malaysia on Sunday, Aug. 2, 2015. (AP Photo/Joshua Paul)
    LONDON (AP) --

    Shares in WPP, the advertising agency giant, have fallen after an announcement that the board is investigating an allegation of personal misconduct against its chief executive, Martin Sorrell.

    In early-afternoon Wednesday trading in London, WPP's share price was down 2.2 percent at 1,094 pence.

    The Wall Street Journal reported the allegations involve possible misuse of assets and improper behavior.

    No details were offered but WPP says "the allegations do not involve amounts which are material to WPP."

    Sorrell, who has run WPP for more than three decades, noted the claim of financial impropriety and said he rejected "the allegation unreservedly," adding that he won't play any role in the management of the investigation.

    Ian Whittaker, analyst at Liberum, says the allegations could "intensify" speculation about Sorrel's future as CEO.

    Category:News
    Tags:Martin SorrellWPP



    Robert Eggers and Willem Dafoe Reunite For “Nosferatu”

    Tuesday, December 24, 2024

    When Willem Dafoe enjoys working with a filmmaker, he'll often jump at the chance to do it again.

    The list of directors with whom the 69-year-old has worked with more than once is extensive, including Wes Anderson,Yorgos Lanthimos,Paul Schrader,Lars von Trier and, now for a third time, Robert Eggers. "If it's good, you come back," Dafoe said plainly.

    The pair spoke about Eggers' adaptation of "Nosferatu" that hits theaters Wednesday, some of the challenges they faced making "The Lighthouse" — their first project together released in 2019 — and the unique relationship that exists between actors and directors.

    The interview has been edited for clarity and brevity.

    Q: Willem, I read that you called Robert after you saw "The Witch." What did you say?

    DAFOE: I want to meet you and I want to know who this filmmaker is.

    Q: What is it about him that keeps bringing you back?

    DAFOE: Well, if it's good, you come back. When I saw "The Witch," I thought, "Wow, this is a film about a period that I'm not particularly knowledgeable about, but I enter it so easily. This is relevant. It's rooted. It's my story. I'm with these people."

    That's quite an incredible trick because a lot of period films, they're always pointing to themselves. They're always sending messages. They're always showing. This had a kind of energy and the kind of physicality and sensuality that I thought, "Who does this? I gotta see this guy." And then I had a wonderful experience in "The Lighthouse" and I played a part that was really fun in "The Northman." So, when he wants to do this passion project and offers me this beautiful role of Professor Von Franz, I say,... Read More

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