IN BRIEF: WPP taps former Ikea CEO Peter Agnefjall as non-exec director

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WPP PLC - London-based advertising and marketing services - Hires Peter Agnefjall to be a non-executive director, starting on May 11. Agnefjall was chief executive officer of Swedish furniture retailer Ikea from 2013 to 2017. Since then Agnefjall has served on boards, including as chair of the supervisory board of grocer Ahold Delhaize NV and as a non-executive director of budget airline Wizz Air Holdings PLC.

WPP on Tuesday reported lower revenue for the first quarter of 2026 but reiterated its guidance for the full year. Revenue fell 6.6% to £3.03 billion from £3.24 billion a year before, or down 4.0% on a like-for-like basis.

Current stock price: 266.90 pence, up 3.3% in London on Wednesday

12-month change: down 53%

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