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Home Business WPP ScanGroup Board Suspends CEO Bharat Thakrar, appoints Alec Graham

WPP ScanGroup Board Suspends CEO Bharat Thakrar, appoints Alec Graham

Bharat Thakrar is suspended.

WPP-ScanGroup Plc board of directors has suspended Chief Executive Officer, Mr Bharat Thakrar over allegations of gross misconduct.

The Chief Finance Officer, Mr Satyabrata Das, has also been suspended for possible offences as senior executives and employees of the Company.

“The Board has delegated authority to an interim Chief Operating Officer Mr Alec Graham to ensure the continued management of the Company with the support of the Board and the senior executives of the Company’s subsidiaries”, said the board in a statement.

Bharat Thakrar, is the founder of WPP Scangroup, East Africa’s largest Integrated Marketing Communications company. He started the firm in 1982.

Bharat is a member of the famous Boys Club.

BOYS CLUB: Standing from left: Alykhan Satchu – CEO Rich Management Ltd, Joshua Oigara Group C.E.O of K.C.B, Bob Collymore – former CEO Safaricom, Bharat Thakrar -CEO WPP ScanGroup, Peter Kenneth – Politician, Jeff Koinange – Journalist, (Squating) Patrick Quarcoo – CEO Radio Africa Group

Alec Graham Appointed

The Board has delegated authority to an interim Chief Operating Officer Mr Alec Graham to ensure the continued management of the Company with the support of the Board and the senior executives of the Company’s subsidiaries.

Alec Graham has over 25 years’ experience in the advertising and communications
business working with various companies in the WPP plc group.

The Board said in due course it will consider the appointment of an interim chief financial officer for the Company.

The board has advised shareholders and investors to exercise caution when dealing with the Company’s securities.

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