WPP plc(US:WPP) Zhi Tong Cai Jing·2025-07-10 09:45Group 1 - WPP appointed Cindy Rose as the new CEO, effective September 1, to address significant challenges following a major profit warning [1][2] - The company experienced a drastic reduction in profit expectations, leading to a 19% drop in stock price on Wednesday, reaching a 16-year low [1][2] - Cindy Rose has a strong background in digital transformation and artificial intelligence, which is expected to add value to WPP during a time of fundamental industry changes [1][2] Group 2 - WPP has lost several major clients and is facing reduced client spending and fewer new business opportunities, contributing to the profit downgrade [2] - The company was overtaken by Publicis as the largest advertising group globally last year, highlighting its competitive struggles [2] - The rise of artificial intelligence is impacting WPP, as clients are increasingly able to manage their marketing activities independently [2]