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2018 Annual Report
ANNUAL REPORT 2018 2 WPP AUNZ WE ARE A CREATIVE TRANSFORMATION COMPANY ANNUAL REPORT 2018 1 CONTENTS 2 WELCOME TO WPP AUNZ 4 CHAIRMAN’S LETTER 6 OUR COMPANIES 8 COMMUNICATIONS 11 EXPERIENCE 14 COMMERCE 17 TECHNOLOGY 20 CREATING A CULTURE OF EXCELLENCE 22 WORK FROM OUR COMPANIES 26 THE BOARD OF DIRECTORS 29 DIRECTORS' REPORT 32 OPERATING AND FINANCIAL REVIEW 36 AUDITOR'S INDEPENDENCE DECLARATION 37 OUR REMUNERATION CHAIR'S LETTER 38 REMUNERATION REPORT 56 FINANCIAL STATEMENTS 120 DIRECTORS’ DECLARATION 121 INDEPENDENT AUDITOR'S REPORT 126 ASX ADDITIONAL INFORMATION 128 CORPORATE DIRECTORY 2 WPP AUNZ WELCOME TO WPP AUNZ WPP AUNZ is made up of Australia and New Zealand’s leading companies in communications, experience, commerce and technology. Four key areas that our clients are invested in. Four key areas that will determine our clients' growth and their success. Our operating companies are focused on delivering Fortunately, we have access to more data and insights excellence in these four critical areas. Whether it’s creating about Australians and New Zealanders than any other brand stories through inspired communication, or company in this part of the world. We know their dreams delivering memorable customer experiences, every single and aspirations, their frustrations and their worries. day we build that important bridge between our clients’ Business can only grow if it can connect with the brands and their target audiences. customers who buy their products and services. Understanding human behaviour is the key ingredient in More and more, our work is built on the strength of building new business models and new revenue streams. -
Grey Global Group Press Release Grey Agrees To
Grey Global Group Agrees to Join WPP 13 September 2004 The board of WPP Group plc (“WPP” or the “Company”) announces the execution of a merger agreement with Grey Global Group Inc (“Grey”). Upon completion of this merger, WPP will own the entire share capital of Grey. The merger has been approved and is recommended by Grey’s board of directors. Under the merger agreement, the value of the consideration offered by WPP to Grey shareholders is $1,005 per Grey common share. WPP will pay in aggregate 50% of the consideration in cash and 50% of the consideration in WPP equity using a fixed exchange ratio (1). Full details of the operation of this merger are set out below in the section entitled “Other Information”. The merger values the fully diluted share capital of Grey at approximately $1,520m (£845m). Grey had net cash of $172m as at 30 June 2004. The net consideration of the transaction, taking into account this net cash balance and the proceeds from the exercise of all options, is approximately $1,309m. The cash consideration payable to Grey shareholders in the merger will be financed with cash from existing facilities. Based on the number of Grey common shares and assuming the exercise of all options currently outstanding, WPP expects to issue in the merger approximately 82.2m new ordinary shares, representing approximately 6.5% of the enlarged issued share capital of WPP. 1. Based on a closing share price of WPP ordinary shares on 10 September 2004 of 514p and an exchange rate of £1 = $1.7982 WPP Rationale for the Offer The board of WPP is committed to delivering added value to its clients, its shareowners and its people by continuing to be a leading company in the global advertising and marketing services industry. -
Gep Outlook Report 2019
INDEX INTRODUCTION 3 EXECUTIVE SUMMARY 4 GLOBAL BUSINESS AND MACROECONOMIC TRENDS 7 Introduction 7 The Macro Indicators 7 Key Drivers of Supply Chain and Price Volatility 10 Implications of Global Economic and Geopolitical Trends 14 2019 TRENDS IN PROCUREMENT DIGITAL TRANSFORMATION 16 Digital-First Mindset 16 “Agile” Procurement as Main Partner to Technology and Overall Business 17 Continued Market Domination of Source-to-Pay Applications 17 Guided Workflows to Enhance Procurement Results and End-User Experience 18 Expansion of Cloud Procurement Solutions Into Direct Procurement and Supply Chain 19 Category-Centric Transformation 19 Disruptive Technologies to Strengthen Data Science Capabilities 20 Disruptive Technologies to Strengthen Smart Automation Capabilities 22 Digitally Savvy, Economically Aware and Analytically Capable Talent 23 SUPPLY MARKET TRENDS AND INSIGHTS BY CATEGORY 24 Direct Materials and Commodities 24 Logistics 27 Information Technology and Telecommunications 31 General and Professional Services 34 Marketing and Advertising 38 CAPEX and Construction 41 MRO 43 Packaging 46 Chemicals 48 Introduction “Praemonitus praemunitus.” Loosely translated from Latin, this means: To be forewarned is to be forearmed. That is, in essence, the mission of our annual GEP Outlook, now in its seventh year of publication. And in today’s climate of sustained volatility, busy procurement and supply chain executives need every available tool they can get to help navigate global supply markets and to guide their teams through opinion and hype. Our annual Outlook report is designed to be a practical planning tool with respect to both macro- level supply chain dynamics as well as category and commodity trends and innovations. It is based on GEP’s collective experience in managing over $125 billion in spend across all sectors and geographies. -
A Report on Mumbai's
A Report on Mumbai’s Ten Leading Ad Firms With globalization penetrating every realm of our lives today, it is not surprising that advertising in India too undergone tremendous growth over the past decade. The 30-second slot between TV shows is a largely coveted space for most advertising companies today. Indian television viewers are very much influenced by visual ads and print ads, thus expanding the product consumer base. Mumbai continues to be the major advertising hub of this country. Here is a quick sneak peek at the top ten advertising firms of Mumbai as of today. 1. Ogilvy & Mather is an international advertising, public relations and marketing agency established in 1948. This New-York based firm operates in 125 countries across the world, with its Indian operation centre— Ogilvy Advertising—in Mumbai. Ogilvy & Mather is the creative team behind India’s most successful and renowned brands such as Hutch (Vodafone), Cadbury, Asian Paints and Fevicol. The O&M network offers services to countless Fortune Global 500 companies across the world. Ogilvy Advertising continues to remain India’s number one advertising agency. Add: 11-14 Floor, Commerz International Business Park, Oberoi Garden City, Off Western Express Highway, Goregaon (East) 2. Mumbai-based Mudra Communication was set up in 1980 with the aim of using the art of communication to express ideas that shape its brands. The Mudra team focuses on its consumers and their needs and experiences. Its four agency networks ensure a customized and collaborative approach to create a brand experience for its clients. Mudra Communication has promoted famous brands like Neutrogena, HBO, Philips, Reliance Net Connect, Big Bazaar and Mary Kay in such a way that it creates a lasting impression in the hearts of the its consumers. -
Boosting Creativity Through Digital Disruption? the Role of Co-Creation Platforms in the Media Production Field
POLITECNICO DI TORINO Repository ISTITUZIONALE Boosting Creativity through Digital Disruption? The Role of Co-Creation Platforms in the Media Production Field. Original Boosting Creativity through Digital Disruption? The Role of Co-Creation Platforms in the Media Production Field. / Monaci, Sara. - In: WESTMINSTER PAPERS IN COMMUNICATION AND CULTURE. - ISSN 1744-6716. - ELETTRONICO. - 11(1)(2016), pp. 49-64. Availability: This version is available at: 11583/2656317 since: 2016-11-18T14:44:35Z Publisher: Westminster University Press Published DOI:10.16997/wpcc.218 Terms of use: openAccess This article is made available under terms and conditions as specified in the corresponding bibliographic description in the repository Publisher copyright (Article begins on next page) 06 December 2018 Monaci, S. (2016). Boosting Creativity through Digital Disruption? The Role of Co-Creation Platforms in the Media Production Field. Westminster Papers in Communication and Culture, 11(1), 49–64, DOI: http://dx.doi.org/10.16997/wpcc.218 RESEARCH ARTICLE Boosting Creativity through Digital Disruption? The Role of Co-Creation Platforms in the Media Production Field Sara Monaci Politecnico di Torino, Italy [email protected] Web technologies transformed the media production field in many aspects: audio- visual contents in particular, are at the centre of a reshaping process involv- ing their use, creative production, distribution and consumption. The effects of digital disruption are revealed though a media production field characterized by an increasing complexity. Co-creation environments emerge as new digital inter- mediaries, which may integrate the open collaboration of peers with the need to identify new ways of recognising and enhancing creativity in a sustainable way. -
Printmgr File
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ‘ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR È ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended 31 December 2020 OR ‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ‘ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report For the transition period from to Commission file number 001-38303 WPP plc (Exact Name of Registrant as specified in its charter) Jersey (Jurisdiction of incorporation or organization) Sea Containers, 18 Upper Ground London, United Kingdom, SE1 9GL (Address of principal executive offices) Andrea Harris Group Chief Counsel Sea Containers, 18 Upper Ground, London, United Kingdom, SE1 9GL Telephone: +44(0) 20 7282 4600 E-mail: [email protected] (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act. Title of each class Trading Symbol (s) Name of each exchange on which registered Ordinary Shares of 10p each WPP London Stock Exchange American Depositary Shares, each WPP New York Stock Exchange representing five Ordinary Shares (ADSs) Securities registered or to be registered pursuant to Section 12(g) of the Act. Not applicable (Title of Class) Not applicable (Title of Class) Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act. -
Annual Report & Accounts 2017
Annual Report & Accounts 2017 Accounts & Report Annual Annual Report & Accounts 2017 Report &Annual Accounts Visit us online Annual Report wpp.com/annualreport2017 Pro bono work 2017 wpp.com/probono/2017 You can sign up to receive WPP’s public monthly online news bulletin at wpp.com/subscriptions Follow us on Twitter twitter.com/wpp Become a fan on Facebook facebook.com/wpp Watch us on YouTube youtube.com/wpp Connect with us on LinkedIn linkedin.com/company/wpp This year, our Annual Report takes its visual cue from commissioned work created especially for us by illustrator Christopher Corr. The brief was simple. Convey in images the global creative strength that distinguishes WPP – with its unrivalled repertory of talent, a global team of 203,000 people, possessing between them every skill required to launch, defend, reimagine and expand clients’ businesses. More information on the artist, see inside back cover. Contents The big picture How we behave and how we’re rewarded 2 The fast read 81 Letter from the Chairman of the Company 4 Who we are 83 Review of the Company’s governance and 6 What we do the Nomination and Governance Committee 8 Where we are 86 Review of the Audit Committee 89 Letter from the Chairman of the How we’re doing Compensation Committee 90 Performance at a glance 11 Financial summary 92 Compensation Committee Report 14 Strategic report to share owners 105 Implementation of reward policy for 16 Geographic performance management outside the Board 18 Sector performance 20 Financial commentary About share ownership 24 -
DEW 2020: “The Power of Direct and Digital”
DEW 2020: “The Power of Direct and Digital” Video/TV/Movies Brands/Advertising Creators/Influencers Games/Esports Music RightsTech Bayview Ballroom Sierra Ballroom Sierra Ballroom Promenade Ballroom Pacific II Ballroom Pacific III Ballroom February 6, 2020 (Thursday) 8:30am – 9:30am REGISTRATION OPEN 9:30am – 9:40am WELCOME & INTRODUCTORY REMARKS Bayview Ballroom “5 Media Business Trends to Watch in 2020” Ned Sherman, Partner, Manatt, Phelps & Phillips, LLP; Founder, Digital Media Wire 9:40am – 10:10am OPENING PRESENTATIONS Bayview Ballroom 9:40am - “Content with a Purpose: How To Utilize the Power of Storytelling for Good” PRESENTER: Shabnam Mogharabi, Co-Founder and GM, SoulPancake, a division of Participant Media 9:50am - “Music, TV, Film... and now Street Art? The Emerging Market of Art Streaming” PRESENTER: Dot Bustelo, CEO & Founder, Loupe 10:00am - “The View From Hollywood: State of Media Business 2020” PRESENTER: Andrew Wallenstein, Co-Editor-in-Chief, Variety 10:15am – 10:45am VIEW FROM THE TOP: THE FUTURE OF STREAMING Bayview Ballroom Rob Holmes, VP of Programming, Roku Leslie Iwerks, Founder and Creative Director, Iwerks & Co. Soumya Sriraman, Founding President and CEO, BritBox Joanne Waage, General Manager, Crunchyroll MODERATOR: Lucas Shaw, Entertainment Reporter, Bloomberg 10:45am – 11:15am KEYNOTE CONVERSATION WITH PLUTO TV Bayview Ballroom Tom Ryan, CEO, Pluto TV INTERVIEWER: Dawn Chmielewski, Senior Editor Media, Entertainment and Technology, Forbes 11:15am – 11:45am MORNING COFFEE BREAK Hosted by Music Reports 11:45am – 12:15pm FEATURED PRESENTATION: SOFTWARE DEFINED SOCIETY: THE RACE TO BUILD A DIGITAL TWIN OF THE REAL Bayview Ballroom WORLD Video/TV/Movies PRESENTER: Robert Tercek, CEO and Co-Founder, VIA: Venture Intellect Associates 11:45am – 12:15pm FIRESIDE CHAT WITH SUPERFLY Sierra Ballroom Rich Goodstone, Co-Founder, Superfly Music INTERVIEWER: Seth Schachner, Managing Director, Strat Americas 11:45am – 12:15pm FIRESIDE CHAT WITH ROBLOX AND WARNER BROS. -
WPP Finance (UK) (Incorporated with Unlimited Liability in England and Wales with Registered Number 05135565)
LISTING PARTICULARS WPP Finance (UK) (incorporated with unlimited liability in England and Wales with registered number 05135565) U.S.$600,000,000 8.00 % SENIOR NOTES DUE 2014 Fully and Unconditionally Guaranteed by WPP plc (incorporated in Jersey with limited liability under registered number 101749) WPP AIR 1 LIMITED (incorporated in the Republic of Ireland with limited liability under registered number 462735) WPP 2008 LIMITED (incorporated in England and Wales with limited liability under registered number 05537577) and WPP 2005 LIMITED (incorporated in England and Wales with limited liability under registered number 1003653) We are offering U.S.$600,000,000 aggregate principal amount of our 8.00% senior notes due 2014, which we refer to as the notes. We will pay interest on the notes at a rate of 8.00% per year with interest to be paid on March 15 and September 15 of each year, beginning on September 15, 2009. WPP plc, our ultimate parent company, and its subsidiaries WPP Air 1 Limited, WPP 2008 Limited and WPP 2005 Limited, will fully and unconditionally guarantee the payment of principal, premium, if any, interest and all other amounts in respect of the notes. The notes will rank equally in right of payment with all of our other unsecured and unsubordinated debt obligations from time to time outstanding. The guarantees will rank equally in right of payment with all of WPP plc, WPP Air 1 Limited, WPP 2008 Limited and WPP 2005 Limited’s other unsecured and unsubordinated debt obligations from time to time outstanding. We may, at our option at any time, redeem the notes, in whole or in part, at the redemption price described in these Listing Particulars. -
A Geography of Participation in IT-Mediated Crowds
A Geography of Participation in IT-Mediated Crowds John Prpić Prashant Shukla Yannig Roth Beedie School of Business, Beedie School of Business, Université Paris 1 Panthéon Simon Fraser University Simon Fraser University Sorbonne (PRISM) [email protected] Rotman School of Management, [email protected] University of Toronto [email protected] Jean-François Lemoine ESSCA Ecole de Management Université Paris 1 Panthéon Sorbonne (PRISM) [email protected] Abstract the global distribution of crowd participants at crowdsourcing platforms like eYeka, TopCoder, and In this work we seek to understand how differences Tongal, research has yet to emerge that empirically in location effect participation outcomes in IT- investigates the role of crowd member geography on mediated crowds. To do so, we operationalize Crowd crowdsourcing participation. Capital Theory with data from a popular international creative crowdsourcing site, to determine whether To achieve these aims we bound our investigation regional differences exist in crowdsourcing using Crowd Capital Theory (CCT) as our theoretical participation outcomes. We present the results of our framework, which draws upon the knowledge-based investigation from data encompassing 1,858,202 view of organizations to explain how and why IT- observations from 28,214 crowd members on 94 mediated crowds can generate value for organizations different projects in 2012. Using probit regressions to [6]. In this study, we operationalize CCT with data isolate geographic effects by continental region, we provided to us by a leading global crowdsourcing find significant variation across regions in platform which hosts crowdsourcing contests on crowdsourcing participation. In doing so, we behalf of major corporations. These contests are contribute to the literature by illustrating that visible to anyone with internet access, and geography matters in respect to crowd participation. -
The Good Report Celebrating the Best Campaigns for Social Responsibility 2018
The Good Report celebrating the best campaigns for social responsibility 2018 A collaboration between ACT Responsible and WARC Rankings Trash Isles #1 campaign | BBDO New York #1 agency BBDO Worldwide #1 network | Amnesty International #1 brand 04 April 2019 - The Good Report is a unique ranking of the world's best use of creative communications to promote sustainability and social responsibility to raise awareness of major social and environmental issues. It is created by ACT Responsible, the international non-profit association and largest global source of the world's best ads on social and environmental issues, in collaboration with WARC, the worldwide authority on marketing and media effectiveness and publisher of the WARC Creative 100 Rankings, a global index of creative excellence in advertising, successor to the Gunn Report. A total of 827 campaigns produced by 534 agencies for 685 advertisers from 74 countries were evaluated for this latest Good Report. The Good Report ranking is created by combining the industry's recognition of the best performing campaigns as tracked by the WARC Creative 100, with the promotional effort behind the campaigns and the general public's recognition from public votes organized by ACT Responsible. There is no complicated criteria or categories, just great work for Good. Of the 40 campaigns featured in The Good Report 2018, 27 are for NGO's, institutions and foundations and 13 are for commercial brands. The top 25 agencies are made up of 6 independents and 19 networked agencies. In the top 19 Networks list there are 3 independent networks and 18 networks owned by holding companies; and the top ten Advertisers include 8 NGO's/Institutions and 2 for-profit companies. -
WPP AUNZ 2019 Annual Report
ANNUAL REPORT 2019 CONTENTS 2 CHAIRMAN’S LETTER 4 CEO’S WELCOME 6 OUR FOOTPRINT 8 OUR BRANDS 10 AT A GLANCE 11 OUR SOLUTIONS PILLARS 12 COMMUNICATIONS 22 EXPERIENCE 32 COMMERCE 38 TECHNOLOGY 44 SECRETS & LIES 46 TECHNOLOGY AND DATA 48 OUR CULTURE AND VALUES 50 SUSTAINABILITY 54 SOCIAL INVESTMENT 56 OUR PEOPLE 60 THE BOARD OF DIRECTORS 63 DIRECTORS’ REPORT 66 OPERATING AND FINANCIAL REVIEW 71 AUDITOR’S INDEPENDENCE DECLARATION 73 OUR REMUNERATION CHAIR’S LETTER 74 REMUNERATION REPORT 94 FINANCIAL STATEMENTS We bring together the most 156 DIRECTORS’ DECLARATION 157 INDEPENDENT AUDITOR’S REPORT creative minds, strategic thinkers 162 ASX ADDITIONAL INFORMATION and technology capabilities, to 164 CORPORATE DIRECTORY reshape and support the future of businesses and the public sector. WPP AUNZ ANNUAL REPORT 2019 CHAIRMAN’S LETTER Dear Shareholders which includes experience, commerce proceeds of $158.7 million have enabled and technology. us to reduce gearing to below the This past year has seen the start of a current target gearing ratio of 1.5 - 2.0 transformation for WPP AUNZ as we We are driving collaboration across our times net debt / EBITDA and ensure we finalised an extensive global search for a strong brands, investing in technology have capacity to support our new new CEO with the appointment of Jens capabilities and leveraging our existing strategic plan. Monsees in October 2019. Jens’ track knowledge and experience, to capture record of successfully transforming new opportunities that better serve our The Board is confident that, following the leading brands and companies, and his clients and their customers.