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› People › Richard Foster
Person · entity profile
Richard Foster
5
source-backed facts
1 publication
Legal
Finance
legal · Business Insider
Foster had previously turned down a seven-figure termination package which included an obligation of silence regarding the company's undisclosed rebate practices.
“seven-figure termination package which included an obligation of silence regarding the company's undisclosed rebate practices,”
about 7 million
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legal · Business Insider
Sony presented findings to WPP in 2025 that described WPP as operating a "global crime scene" across several markets, including China.
“presented the findings of its investigation to WPP in 2025 in a detailed analysis that said the ad agency giant operated what Sony called a 'global crime scene' across several markets, including Chin…”
2025
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finance · Business Insider
The slide from Sony's presentation to WPP titled "impact for WPP Advertisers — China 2024" claims that approximately $110 million was passed back to clients in 2024, while $350 million remained in WPP's rebate pool for later utilization.
“approximately $110 million was passed back to clients that year, while $350 million remained in its rebate pool 'for later utilization' by WPP.”
about 110 $
about 350 $
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finance · Business Insider
Foster alleges that GroupM improperly retained roughly $1.5 billion to $2 billion in profits from rebate deals over five years.
“GroupM improperly retained roughly $1.5 billion to $2 billion in profits from rebate deals over five years, by his estimation.”
about 1.5 $
about 2 $
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legal · Business Insider
Foster is seeking at least $100 million in damages from WPP.
“seeking at least $100 million in damages from WPP.”
at least 100 $
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