Goldman Sachs is optimistic about the rebound of WPP.US stock price: the appointment of a new CEO in the face of performance pressure is expected to ease market concerns.

According to the Securities Times app, British advertising giant WPP announced on Thursday that it has appointed board member Cindy Rose as the new CEO. WPP said that Rose, who has served as a board member since 2019, will take over from outgoing CEO Mark Read on September 1. His departure came four months earlier than expected.