WPP Group Appoints Joanne Wilson To Succeed John Rogers As CFO
(RTTNews) - British mass media firm WPP Group plc (WPP.L, WPPGY) announced Wednesday that Joanne Wilson will join the Board and become CFO designate on April 19, 2023. Wilson will succeed John Rogers, who announced his decision on November 8, 2022 to step down.
Wilson will succeed Rogers as CFO immediately following the announcement of the Company's 2023 First Quarter Trading Update, at which point John will stand down as a Director of the Company.
John will remain available until later this year and will work with Joanne to transition responsibilities.
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WPP Acquires Passport Brand Design For Undisclosed Terms
WPP plc (WPP) announced Thursday the acquisition of Passport Brand Design, a leading brand design agency based in Southern California.
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WPP Group Acquires JeffreyGroup In Latin America For Undisclosed Terms
WPP Group Plc (WPP.L, WPPGY), a British mass media firm, announced Wednesday the acquisition of JeffreyGroup, one of the most respected independent corporate communications, public affairs, and marketing consulting firms in Latin America.
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New York Manufacturing Index Unexpectedly Indicates Contraction In January
New York manufacturing activity unexpectedly declined in the month of January, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions index tumbled to a negative 12.6 in January from a positive 2.1 in December, with a negative reading indicating contraction.
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U.S. Annual Core Consumer Price Growth Unexpectedly Slows In December
While the Labor Department released a closely watched report on Wednesday showing U.S. consumer prices increased by slightly more than expected in the month of December, the report also showed an unexpected slowdown by the annual rate of core consumer price growth.
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Indonesia Unexpectedly Cuts Key Interest Rate To Boost Economic Growth
Indonesia's central bank unexpectedly lowered interest rates for the first time in five policy sessions, in a bid to boost the economic growth, citing the prospect of lower inflation this year and next.
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New York Manufacturing Index Unexpectedly Turns Negative In January
New York manufacturing activity unexpectedly declined in the month of January, according to a report released by the Federal Reserve Bank of New York on Wednesday.
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U.S. Consumer Prices Climb Slightly More Than Expected In December
Largely reflecting a surge by energy prices, the Labor Department released a report on Wednesday showing consumer prices in the U.S. increased by slightly more than expected in the month of December.
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Slowing Inflation Strengthens Calls For Bank Of England Rate Cuts
The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by the Bank of England this year. The consumer price index registered an annual increase of 2.5 percent in December, weaker than the 2.6 percent gain in November, the Office for National Statistics said on Wednesday. The rate was expected to remain unchanged at 2.6 perc
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