WPP COO Andrew Scott to retire at end of year

In a notice issued to the London Stock Exchange, WPP (WPP) announced that Andrew Scott has informed the company that he will retire as Chief Operating Officer and from the board at the end of the year. “Andrew will work with incoming CEO Cindy Rose during that period and thereafter as Senior Advisor to transition his various roles and responsibilities to other senior executives as well as supporting strategy execution,” the company stated. Andrew Scott said: “After 27 years at WPP, and at a time of transition for the business, it feels like the right moment to make this change. I’ve known Cindy for a long time and worked closely with her on the Board of WPP, and I’m excited for the future of WPP under her leadership. I’d also like to thank Mark and the rest of the team for all the support they’ve given me over the years.”