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Naguib Sawiris, chairman in addition to chief executive officer of Orascom Telecom Media in addition to Technology Holding.
Sorrell, credited for turning WPP into the globe’s biggest advertising agency, quit on Saturday amid allegations of personal misconduct. In a statement, the 73 year-old businessman said, “WPP is actually not just a matter of life or death, the item was, is actually in addition to will be more important than which.”
Chairman Roberto Quarta will take on the role of executive chairman until a fresh CEO is actually found.
“I expect which his legacy doesn’t fall by This particular disruption,” Sawiris said, adding which he believed WPP should consult Sorrell on choosing the next CEO. If a successor is actually chosen abruptly, which could be “very dangerous,” the Egyptian billionaire cautioned.
During his three decades inside industry, Sorrell developed a reputation for strong opinions in addition to an autocratic management style.