CITY DIARY: Did WPP and Smith & Nephew chairman Roberto Quarta lose two chief execs in one day?



Advertiser WPP's chairman Roberto Quarta may well have been reaching for something particularly potent from the back of the drinks cabinet by close of play last night. 
As well as dealing with misconduct allegations against Sir Martin Sorrell, he had to contend with Olivier Bohuon's departure from orthopaedic giant Smith & Nephew, where Quarta, 68, is also chairman. 
As Lady Bracknell would doubtless have sniffed, to lose one chief executive in a day could be considered unfortunate. Potentially losing two, well, that looks careless.
Re Sorrell, while the allegations against him remain... read more

 
4 April 2018 in Business, Views: 75
Source: Daily Mail
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