Sir Martin Sorrell Faces Shareholder Revolt Over Pay Package

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Sir Martin Sorrell Faces Shareholder Revolt Over Pay Package

· wpp shareholders rebelled at the company’s annual meeting on wednesday over the £70m pay package awarded to chief executive sir martin sorrell. · wpp has faced down an investor revolt over its handling of the departure of former ceo martin sorrell , whose messy exit from the company he founded is under intense scrutiny. Sir martin sorrell , boss of global advertising agency wpp, faced a shareholder revolt today over his proposed £6. 8m pay package. · by paul sandle london (reuters) - martin sorrell , boss of the worlds biggest advertising group wpp , saw off another shareholder revolt over his 43 million pound ($65. 7 million) pay. · sir martin sorrell is facing one of the biggest shareholder revolts in his three decades as head of advertising giant wpp over his £43 million pay package. · advisory groups predicted a shareholder revolt in reaction to wpp chief executive sir martin sorrell s 43% pay rise to £43 million ($66 million) last year — but the boss of the. Some 34 per cent of shareholders did. The £70. 4 million pay package of sir martin sorrell was branded “just far too high” this morning as the boss of wpp prepared to face shareholder anger at the advertising and marketing agency’s annual meeting.

WPP Boss Sir Martin Sorrell Could See a Shareholder Revolt Over His Pay

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