Microsoft's Rose named chief executive at struggling ad group WPP

7 hours ago 1
The renovated Amsteldok building, base of multinational advertising and marketing services group WPP

Milos Ruzicka/iStock Editorial via Getty Images

WPP (NYSE:WPP) has appointed Microsoft's (MSFT) Cindy Rose as its next chief executive officer, succeeding Mark Read, according to an official statement by the company on Thursday.

The news comes a day after the company cut its outlook and warned

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