WPP Appoints Philip Jansen as Non-Executive Chair of the Board
Philip was Chief Executive of BT Group from 2019 to
Philip led Worldpay through the UK’s largest ever fintech IPO, having overhauled its technology infrastructure and invested in areas such as data analytics and cyber security. He also led the merger with US counterpart Vantiv to create
“Philip has deep insight into our industry from his marketing background and roles with technology and consumer goods companies, and I am very happy to welcome him to WPP.”
Notes
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The appointment of
Philip Jansen was made by the Board on the recommendation of theNomination and Governance Committee , which was chaired byAngela Ahrendts , WPP’s Senior Independent Non-Executive Director. The Committee comprisesAngela Ahrendts , Tom Ilube andCindy Rose , and is chaired byRoberto Quarta . However, in accordance with good governanceRoberto Quarta did not participate in this process. -
The Board determined that
Philip Jansen is an independent Non-Executive Director on appointment in accordance with theUK Corporate Governance Code. - The Compensation Committee agreed Philip Jansen’s fees. He will receive total fees of £575,000 per annum.
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In addition to being Chair, on joining the Board
Philip Jansen will be appointed as a member of the Compensation Committee and theNomination and Governance Committee and succeedRoberto Quarta as Chair of that Committee on1 January 2025 . -
Philip Jansen does not have a service contract. He has a letter of appointment which may be viewed by contacting the Company Secretary at the Company’s registered office. -
There are no additional details to disclose under paragraphs (1) to (6) of LR
9.6.13 R of theUK Listing Authority’s Listing Rules in respect of the appointment. -
Roberto Quarta will retire from the Board on31 December 2024 .
About WPP
WPP is the creative transformation company. We use the power of creativity to build better futures for our people, planet, clients and communities. For more information, visit www.wpp.com.
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Further information
Media: press@wpp.com
Investors: irteam@wpp.com
Source: WPP