By Stephen Foster on March 11, 2013
This one is becoming a hardy perennial – according to the Sunday Times WPP investors are (once again) revolting over CEO Sir Martin Sorrell’s pay package. Last year SMS trousered about £13m in salary (£1.3m), bonus and shares (about £5.6m), leading to opposition from a majority of shareholders. WPP chairman Phil Lader, a former US [...]
Posted in Agencies, Finance, News | Tagged John Wren, omnicom, pay row, shareholder revolt, Sir Martin Sorrell, WPP, £13m package
By Stephen Foster on May 11, 2012
A while ago we wrote that WPP boss Sir Martin Sorrell’s pay rise from £1m to £1.3m (which will trigger even larger bonuses) would be a ‘walkover,’ – shareholders wouldn’t necessarily be happy but the company was performing well so they’d just have to lump it. But that was before the bosses of UK FTSE [...]
Posted in Agencies, Finance, News | Tagged Andrew Moss, Aviva, barclays, Bob Diamond, dublin agm, Francois Hollande, Jeffrey Rosen, Mark Read, Maurice Levy, pay deal, publicis groupe, Sir Martin Sorrell, Sly Bailey, succession planning, trinity mirror, WPP, £13m package
By Stephen Foster on May 1, 2012
WPP CEO Sir Martin Sorrell’s base pay last rose from £1,m to £1.3m (relatively modest by current CEO standards, as he says) but his pay and benefits package rose from £4.23m to £6.77m including a payment from WPP’s short term bonus scheme. On top of this he received nearly £5.6m of shares under the company’s [...]
Posted in Agencies, Finance, Media, News, Research | Tagged bonuses, brandedge, digital, infosys, John Wren, kantar, Maurice Levy, research, Sir Martin Sorrell, succession planning, tns, WPP, £1.3m base pay, £13m package
Recent Comments