The chief talent officer in the New York branch of Sir Martin Sorrell’s global advertising company WPP has resigned to take the top human resources position at online auction company eBay.
Late last year WPP warned that uncertainty in the US economy could affect the company’s earnings in 2005 and 2006, with Martin Sorrell warning investors that earnings for the next two years could decrease by between 10% and 15%, depending on the state of the American economy (see Weak Dollar Could Force WPP Profits Down).