<ul data-eligibleForWebStory="false"><li>WPP has appointed Cindy Rose, a senior Microsoft executive, as its new CEO, effective from 1st September.</li><li>Under the previous CEO Mark Read, WPP's market value has dropped significantly, and the company faced challenges amidst the rise of AI technology in advertising.</li><li>Cindy Rose's appointment comes as WPP aims to boost its growth and digital transformation efforts.</li><li>WPP faced recent setbacks as it lost significant clients to competitors, causing a decline in its share price and leading to a lowered revenue and profit forecast for the year.</li></ul>

WPP names senior Microsoft boss Cindy Rose as new CEO

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