WPP's Mark Read to Succeed Daniel Morel as Global CEO of Wunderman

Mark Read was named to succeed Daniel Morel as global CEO of WPP digital agency giant Wunderman, effective Feb. 1, Wunderman said Tuesday. Mr. Read is CEO at WPP Digital, a role in which he will continue, and has been chairman of Wunderman since last year. He will step down from the board of WPP as he takes on leadership at Wunderman; WPP does not plan to fill his spot on the board, it said.