Former dunnhumby Exec Named WPP CFO

Marcoms giant WPP has announced that John Rogers has decided to step down as Chief Financial Officer, and will be succeeded by former dunnhumby CFO Joanne Wilson.

Rogers joined in 2019, after overseeing Sainsbury's retailer Argos, and having previously been CFO of J Sainsbury. According to a statement, he is now looking to pursue 'broader executive opportunities' outside the company, and he will step down following the finalisation of the 2022 Annual Report & Accounts next year.

Wilson (pictured), who is currently the CFO of soft drinks company Britvic, will take over from Rogers on a basic salary of £740k, plus a potential 200% more in annual performance-related bonus. Earlier she worked at Tesco in a number of financial and commercial roles, including CFO of Tesco-owned customer data science company dunnhumby. She began her career at KPMG, where she qualified as a Chartered Accountant and spent three years in Hong Kong. In addition, Wilson is currently a non-executive director of Informa.

CEO Mark Read comments: 'I would like to thank John for his leadership and for his contribution to WPP over the last three years. During that time, he has led the reorganisation of our finance function, helped the company navigate the financial challenges of the pandemic and laid the foundation for our transformation programme. He leaves WPP with our best wishes for the future.

'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. We look forward to welcoming her to WPP next year'.

Web site: www.wpp.com .