WPP Plc (WPPGY:NASDAQ)

Alex Thompson, chief executive of Asia-Pacific for WPP plc's out-of-home agency Kinetic, is to return to London to take up the new role of global head of business development as part of ongoing changes at the agency. Chris O'Donnell, currently business development director in the UK, has been promoted to the post of chief executive of Asia-Pacific, based in Hong Kong. Thompson will develop Kinetic's global strategy by forming new partnerships and increasing the role of Kinetic's specialist divisions for its international clients. His appointment finalises Kinetic's recent global executive restructure, which, among others, led to Steve Ridley moving to global chief operating officer, from Americas chief executive. O'Donnell will oversee Kinetic's existing operations in Singapore, Thailand, Malaysia and the Philippines, working with the expanding Kinetic China operation. In his current role, O'Donnell has worked on building Kinetic's UK client base and driving its strategic offering. He will now build on the Asia-Pacific network developed by Thompson.

FOX Audience Network Inc. and WPP plc announced a partnership to provide marketers with more accurate and in-depth information to increase the effectiveness of their digital marketing investments. FAN will work with units of WPP's Kantar and WPP Digital under the terms of the new partnership. These collaborations will provide marketers with better insight across inventory aggregated by both FAN and the Media Innovation Group of WPP Digital. WPP companies will gain access to FAN's Audience Segmentation service to enrich their insights, planning and measurement offerings. The enhanced audience segmentation services will enable WPP clients to understand and reach highly customized yet anonymous groups of consumers who share relevant interests, such as autos, games, movies or music. In addition, FAN will gain access to deep consumer insights from Kantar, the research arm of WPP, broadening the information available in its Audience Segmentation platform.

WPP plc announced financial results for the third quarter and nine months ended September 30, 2009. The company reported revenues for the quarter rose by 16.7% to £2.007 billion compared to £1,719.3 billion for the same period last year. For the first nine months of 2009, the company reported revenues were £6.296 billion compared to £5,058.5 billion for the same period last year. Average net debt in the first nine months of 2009 was £3.482 billion, compared to £2.280 billion in the comparable period last year. Net debt at September 30, 2009 was £3.413 billion, against £2.250 billion at the same time last year.