By Angie Dean on June 6, 2012
WPP chief executive Sir Martin Sorrell has taken his war of words with rebellious shareholders over a 30% pay increase to the pages of the Financial Times. The crux of his robust defence is twofold. First, he is being rewarded for success not, like the managers of many British companies, failure. WPP reported pre-tax profits [...]
Posted in News | Tagged CBS, Compensation dispute, financial times, ftse 100, iss, Sir Martin Sorrell, time warner, viacom, WPP
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 October 11, 2011
US shareholders in Rupert Murdoch’s News Corporation are trying to gang up on Rupert Murdoch, his family and assorted cronies in an assault that, if even partly successful, will surely bring forward the day when the company’s newspapers, source of its current grief, are sold. The ISS investor advisory group has joined the clamour against [...]
Posted in Finance, Media, News | Tagged Chase Carey, iss, James Murdoch, Joel Klein, Lachlan Murdoch, news corporation, news of the world, phone hacking scandal, Rupert Murdoch, shareholder revolt, Sir Rod Eddington, Sun, Sunday Times, Times
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