Communications company WPP AUNZ (ASX:WPP) has today announced the appointment of Jens Monsees as Chief Executive Officer and Managing Director from October 1, 2019.
Mr Monsees will join WPP AUNZ from the BMW Group, where he was most recently Corporate Vice President leading Global Digital Strategy, Corporate Planning and Product Strategy.
WPP says the Board conducted an extensive global search to identify the best leader for the company. This appointment underlines WPP's new positioning as a leader not only in creative advertising, branding, communications and media but in technology, data and business transformation.
Mr Monsees will take over from John Steedman, who stepped in as interim CEO in October 2018.
Shares in WPP (ASX:WPP) are trading 1.87 per cent higher at 55 cents.