This article is from the source 'guardian' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.theguardian.com/media/2023/apr/17/sir-martin-sorrell-reveals-cancer-treatment
The article has changed 3 times. There is an RSS feed of changes available.
| Version 1 | Version 2 |
|---|---|
| Sir Martin Sorrell reveals cancer treatment | Sir Martin Sorrell reveals cancer treatment |
| (about 7 hours later) | |
| S4 Capital boss says it’s almost ‘business as usual’ after keyhole surgery to remove tumour | S4 Capital boss says it’s almost ‘business as usual’ after keyhole surgery to remove tumour |
| Sir Martin Sorrell has revealed that he had keyhole surgery to remove a tumour in February, and will undergo further preventive cancer treatment. | Sir Martin Sorrell has revealed that he had keyhole surgery to remove a tumour in February, and will undergo further preventive cancer treatment. |
| The veteran advertising boss, who is executive chair of the digital-led ad group S4 Capital, said he was back almost to “business as usual” after “successful keyhole surgery”, and would continue working, in a statement to the stock market on Monday. | The veteran advertising boss, who is executive chair of the digital-led ad group S4 Capital, said he was back almost to “business as usual” after “successful keyhole surgery”, and would continue working, in a statement to the stock market on Monday. |
| However, the 78-year-old will reduce his travel schedule while he has the preventive treatment. | However, the 78-year-old will reduce his travel schedule while he has the preventive treatment. |
| Sorrell founded S4 Capital in 2018 after resigning as chief executive of WPP, the advertising group that he built into a member of the FTSE 100 index. Sorrell had acquired the small Kent-based maker of wire and plastic baskets in 1985 and built it into the world’s largest marketing services group. | |
| S4 has grown rapidly in size via a series of acquisitions led by Sorrell since 2018, beginning with Dutch firm MediaMonks. It employs 8,900 people in 32 countries, with 70% of its revenues in the Americas. The stock market announcement published a copy of an internal company note from Sorrell to his employees, addressed as “S4 Monks”. | S4 has grown rapidly in size via a series of acquisitions led by Sorrell since 2018, beginning with Dutch firm MediaMonks. It employs 8,900 people in 32 countries, with 70% of its revenues in the Americas. The stock market announcement published a copy of an internal company note from Sorrell to his employees, addressed as “S4 Monks”. |
| Sorrell said: “I have made an excellent recovery, and, as you would expect, I have sought the best possible medical advice. My conclusion is that I should have preventative treatment over the coming months. | Sorrell said: “I have made an excellent recovery, and, as you would expect, I have sought the best possible medical advice. My conclusion is that I should have preventative treatment over the coming months. |
| “My doctors have advised me that during this treatment, I should be able to work as normal most of the time, fully engaging with the company and our excellent executive team, although I have also decided to reduce my travel schedule for a few weeks. Otherwise, business as usual.” | “My doctors have advised me that during this treatment, I should be able to work as normal most of the time, fully engaging with the company and our excellent executive team, although I have also decided to reduce my travel schedule for a few weeks. Otherwise, business as usual.” |
| Sorrell had left WPP after an investigation into allegations of personal misconduct. | Sorrell had left WPP after an investigation into allegations of personal misconduct. |
| The price of S4 Capital’s shares soared in the years immediately after Sorrell’s takeover of a small listed cash shell company in May 2018. Starting at about 113p, they surged to more than 800p by September 2021. | The price of S4 Capital’s shares soared in the years immediately after Sorrell’s takeover of a small listed cash shell company in May 2018. Starting at about 113p, they surged to more than 800p by September 2021. |
| However, since then the value of the company has slumped, falling to 158p on Monday. It was hit by two delays to filing its annual results after the blitz of acquisitions. | However, since then the value of the company has slumped, falling to 158p on Monday. It was hit by two delays to filing its annual results after the blitz of acquisitions. |