By Stephen Foster on May 30, 2012
More than 50 per cent of WPP shareholders are likely to vote against boss Sir Martin Sorrell’s recent pay package according to a report in the Financial Times. Advisory group Institutional Shareholders Services (ISS) says it’s advising its client to vote against Sorrell’s £13m package (about half of which is a ‘new’ deal) and other [...]
Posted in Agencies, Clients, Finance, News | Tagged bank of america, coors, dublin agm, iss, Jeffrey Rosen, John Wren, Maurice Levy, Michael Roth, news corporation, pay package, remuneration committee, shareholder revolt, shareholder spring, Sir Martin Sorrell, team wpp, Vodafone, WPP
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
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