WPP Scangroup Suspends CEO Over Corrupt and Gross Misconduct

By Clinton Ochieng

Chief Executive Officer Bharat Thakrar and Chief Finance Officer Satyabrata Das from the WPP-Scan group have been suspended.

The suspension is to allow for investigations into allegations of gross misconduct and possible offenses in their capacity as senior executives and employees of the company said the Board of Directors.

The board then went on to delegate authority to an interim Chief Operating Officer Mr. Alec Graham to ensure continued management of the company with the support of the Board and senior executives of the company’s subsidiaries. They made this public on a statement they released.

Interim Chief Operating Officer Alec Graham has over 25 years of experience in the advertising and communications business working with various companies in the WPP plc group which made the Board feel confident in their choice.

In due course, the Board will consider the appointment of an interim chief financial officer for the company to get back to its full operation capacity. Shareholders have been advised to exercise caution when dealing with the company’s securities.

This suspension comes at a time when alleged corruption scandals and gross misconduct by those in senior positions in the country are on the rise as those on the ground still remain poor and with little to no chance of succeeding in their various fields.

About author

Clinton is a journalist with a nose for news that cuts across socioeconomic issues.