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WPP's Sorrell to get his way over pay this time but shareholders look for ways to rein him in

WPP’s Sorrell to get his way over pay this time but shareholders look for ways to rein him in

By Stephen Foster on June 10, 2013

It looks as though WPP boss Sir Martin Sorrell (left) is set to trouser the £17.6m the company decided he was worth last year as shareholders at this year’s AGM (set for Wednesday) will vote fairly narrowly in favour. But they’re far from pleased (one shareholder is quoted in today’s FT saying Sorrell is in [...]

Posted in Agencies, Analysis, Clients, Finance, Media, News, Research | Tagged agm, Eric Salama, kantar, Mark Read, pay controversy, Phil Lader, Sir Martin Sorrell, succession plan, WPP | Leave a response

WPP braces for Sorrell and shareholder showdown

WPP braces for Sorrell and shareholder showdown

By Stephen Foster on June 12, 2012

So it’s the eagerly-awaited gunfight at the Four Seasons Hotel in Dublin tomorrow, hardly Dodge City but the leafy Ballsbridge suburb in the Irish capital has probably also seen a few disagreements in its time. And at 12pm WPP founder and CEO Sir Martin Sorrell will confront his revolting shareholders at WPP’s AGM, unless chairman [...]

Posted in Agencies, Finance, News | Tagged agm, Bob Dudley, BP, dublin, four seasons hotel, John O'Keefe, Phil Lader, shareholder revolt, Sir Martin Sorrell, WPP, £13m pay deal

Should Sorrell go if he loses the vote next week?

Should Sorrell go if he loses the vote next week?

By Stephen Foster on June 8, 2012

Glencore chief executive Ivan Glasenberg thinks fellow FTSE 100 CEO Sir Martin Sorrell should go if he loses the shareholder vote over his 30% pay rise at WPP’s annual general meeting next week. Glasenberg told 550 guests at a London dinner of the Melbourne Mining Club last night: “I don’t know if Mr Sorrell will [...]

Posted in Agencies, News, Politics | Tagged agm, Glencore, Ivan Glasenberg, Paul Simons, Pay dispute, Sir Martin Sorrell, WPP

While we're still waiting for 2012's big deal WPP snaps up French data firm

While we’re still waiting for 2012′s big deal WPP snaps up French data firm

By Stephen Foster on May 29, 2012

WPP is to buy a majority stake in French digital data and campaign technology marketing group Predictys. Founded in 2007 and headquartered in Grenoble, Predictys has a co-operative database which includes information from 140m opted-in consumers sourced from about 25 partners. Most of its clients are affiliation networks that use it as a third-party provider [...]

Posted in Agencies, Clients, Finance, News, PR, Research | Tagged adam & eve, agm, chime communications, comparethemarket, coors, data, ddb london, easyJet, france, grenoble, grey, Hugh Baillie, JWT, kantar, kbm, Lord Bell, ogilvy, omnicom, pay package, Piers Pottinger, predictys, rkcr/y&r, Sir Martin Sorrell, vccp, WPP

Chime announces new sports marketing buy as it prepares to face down critics at AGM

Chime announces new sports marketing buy as it prepares to face down critics at AGM

By Stephen Foster on May 9, 2012

Lord Bell’s London-based marcoms group Chime Communications is taking a big bet on sports marketing and has just announced an agreement to buy 60 per cent of Brazil’s Golden Goal for an initial £2.4m. With earnouts in 2014 and 2017 the deal could be worth a maximum £9.5m to Golden Goal founders and shareholders Cadu [...]

Posted in Agencies, Clients, Finance, News, PR | Tagged agm, Bell Pottinger, boyout plans, brazil, Cadu Ferreira, chime communications, chime sports marketing, easyjet pitch, essentially, fast track, golden goal, Lord Bell, Mauro Correa, olympics, Piers Pottinger, PR, Simon Gulliford, sports marketing, world cup

Some timely good news for PR group Chime as ad agency VCCP lands £25m Muller

Some timely good news for PR group Chime as ad agency VCCP lands £25m Muller

By Stephen Foster on May 3, 2012

Lord Bell’s Chime Comunications marcoms company has endured a torrid few months with various shareholders, including 20 per cent holder WPP, opposing his lordship’s plan to buy out the Bell Pottinger PR business and rumblings of discontent over the company’s decision to buy Simon Gulliford’s marketing consultancy for the best part of £2m. These matters [...]

Posted in Agencies, Clients, Creative, Finance, News, PR | Tagged agm, buyout plans, consultancy deal, easyJet, Lord Bell, mulller, Piers Pottinger, Simon Gulliford, tbwa, us department of defense, vccp, WPP, wunderful stuff

Independent shareholders want James Murdoch out of News Corporation

Independent shareholders want James Murdoch out of News Corporation

By Stephen Foster on October 25, 2011

About 80 per cent of non-aligned or independent shareholders do anyway according to this analysis by the BBC’s Robert Peston of votes cast at last Friday’s AGM of Rupert Murdoch’s News Corporation. Nearly as many want elder brother Lachlan to leg it off the board too (although he’s had nothing to do with the News [...]

Posted in Finance, Media, News, PR | Tagged agm, BBC, bskyb, James Murdoch, Lachlan Murdoch, news corporation, News International, phone hacking scandal, Prince Alwaleed Bin Talal, Robert Peston, Rupert Murdoch, saudi investor, shareholder votes, the news of the world, the sun, the sunday times, the times, uk newspapers

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