WPP is merging two of its agencies–Wunderman Thompson and VMLY&R–to form VML.
Mark Read, CEO of WPP, said, “Scale matters in today’s world as AI and technology transform marketing, and global clients look to simplify their relationships. VML will combine world-class creativity with deep expertise in data, marketing technology and platforms to deliver competitive advantage for ambitious brands. It’s another important step forward for WPP as we continue to reshape our offer for the future, simplify our business and unlock further benefits of scale.
“Separately, Wunderman Thompson and VMLY&R are two of WPP’s strongest and best-performing agencies," continued Read. "Together, they will deliver an even wider, fully integrated suite of capabilities to our clients in every market. Marketers today expect seamless links between their brand advertising and technology solutions and platforms. VML provides an immediate solution to this business imperative.”
Respective client bases, functional expertise and geographic strengths mean the agencies are highly complementary and the combined company will have more than 30,000 people in 64 markets.
Jon Cook becomes VML global CEO and Mel Edwards VML global president, with the management team bringing together leaders from across both companies.
Immediate leadership appointments include Debbi Vandeven, global chief creative officer; Eric Campbell, global chief client officer; Juan Pablo Jurado, CEO LATAM; Ewen Sturgeon, CEO EMEA; and Audrey Kuah and Yi-Chung Tay, co-CEOs APAC.
“The future of building strong brands and businesses requires the interconnectivity of brand experience, commerce and customer experiences,” said Cook. “We recognized the immediate opportunity to create what every consultancy and advertising agency aspires to build with the formation of VML. We’re especially excited to present our new offering to the industry as we don’t believe there is another company as creatively awarded with our depth in customer experience and commerce.”
Edwards added, “This is the right suite of capabilities, offered at just the right moment, at unprecedented scale. It’s incredibly exciting because with this new agency we have the chance to shape the future of modern marketing in every key market around the world. The opportunities it affords our people and the growth we can deliver for our clients at a global scale make this a real game-changer for each business and the wider industry.”
Wunderman Thompson and VMLY&R were launched in 2018 and have experienced sustained growth since their inception – through client development, new business and acquisitions.
Wunderman Thompson and VMLY&R sprung out of mergers five years ago as WPP brought J. Walter Thompson together with Wunderman to create Wunderman Thompson, and paired Young & Rubicam with VML to form VMLY&R.
Wunderman Thompson and VMLY&R have partnered globally across multiple clients such as Colgate-Palmolive, Dell, Ford, Microsoft, Nestlรฉ, The Coca-Cola Company and more.
The new VML will be operational from January 1, 2024.