Strange to say, he probably does when you consider that his basic pay (£1m) hasn’t risen since 2007 and WPP, the company he founded and runs, has ridden out the volatile past few years pretty capably. WPP’s board level remuneration committee wants to increase CEO Sir Martin Sorrell’s base pay to £1.5m, a move which [...]
WPP CEO Sir Martin Sorrell has been telling the UK’s Sunday Telegraph that this is not the time to panic and the troubled world economy will not slip back into recession although it faces “three years’ hard slog.” In particular he says that the US, the current cause of ‘double dip’ recession fears, will evade [...]
Further evidence that the UK economy appeared to going down the tubes apeared to emerge last week as WPP CEO Sir Martin Sorrell (or his scriptwriter) frightened the horses by saying that the world according to WPP was dividing into three divisions. The first (Premiership in football parlance) included the BRICs (Brazil, Russia, India, China) [...]
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