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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

Is WPP's digital supremo Mark Read really worth his £872,000 plus package?

Is WPP’s digital supremo Mark Read really worth his £872,000 plus package?

By Stephen Foster on June 3, 2011

Well lots of shareholders think he isn’t, 40 per cent of them voting against the WPP reuneration committee’s decision to award digital supremo and main board director Mark Read a boost in his base salary and a big bonus last year, bringing his pay to £872,000. They weren’t very happy either about finance director Paul [...]

Posted in Agencies, Finance, News | Tagged advertising, bonuses, dentsu, digital, dublin, Eric Salama, grafton hotel, havas, kantar, Mark Read, omnicom, Paul Richardson, publicis groupe, research, shareholders, Sir Martin Sorrell, tns, WPP

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