WPP PLC - London-based advertising and communications company - Says Chief Financial Officer John Rogers to step down from role, and as an executive director of the board, following the finalisation of the 2022 Annual Report & Accounts next year.

Appoints the CFO of soft drinks maker Britvic, Joanne Wilson, in the same role as she informed Britvic of her intention to step down in May 2023, Britvic on Tuesday confirmed, with search for a new CFO underway. Wilson is expected to join WPP in the first half of 2023.

WPP Chief Executive Officer Mark Read says: "Joanne is a highly regarded CFO and leader. Beyond her financial credentials, her extensive experience in data, retail and ESG is especially valuable given their importance to our business and our client base."

Current WPP stock price: 810.80 pence, up 0.7% on Tuesday

12-month change: down 25%

Current Britvic stock price: 751.00p, up 0.4% on Tuesday

12-month change: down 15%

By Holly Beveridge; hollybeveridge@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.