WPP Subsidiary Declares New Director to Boost Efficiency

Zacks

Renowned multinational company WPP plc’s WPPGY subsidiary Ogilvy & Mather (‘O&M’) recently announced Anthony Wong as its new Worldwide Effectiveness director. Management believes that the new leader would help improve the company’s internal working culture as well as develop a more proficient communication system for its global customers.

O&M is regarded as one of the largest marketing companies in the world. The organization includes popular units for various disciplines such as public relations, public affairs, relationship marketing, advertising, consulting, research & analytics and specialist communications. Anthony Wong has worked under O&M’s previous Worldwide Effectiveness director, Tim Broadbent. In his new capacity, post Tim’s death, Anthony Wong would also serve, as head of the Global Client Leader of TeamHW. TeamHW is a personalized agency team of WPP plc that manages Huawei’s communications and marketing around the world.

According to Anthony Wong, the aim to improve O&M’s communication proficiency should be regarded as an important scientific investment and will be as crucial as any other brand-image improving strategy.

Dublin, Ireland-based WPP plc, together with its subsidiaries, provides advertising and communication services worldwide. The company operates through a number of established global, multinational and national advertising & marketing services firms that are classified under four business segments. We believe that such new leadership appointments would definitely help enhance the company’s service-delivery quality and brand value in the near future.

Stocks to Consider

WPP plc currently carries a Zacks Rank #4 (Sell). Better-ranked stocks in the industry include Marin Software Incorporated MRIN, YuMe, Inc. YUME and Harte-Hanks Inc. HHS. While both Marin Software and YuMe sport a Zacks Rank #1 (Strong Buy), Harte-Hanks holds a Zacks Rank #2 (Buy).

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