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 September 23, 2011
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 [...]
Posted in Agencies, Finance, News | Tagged bonus, brazil, brics, China, digital, India, malaysia, Mark Read, Microsoft, next 11, pay rise, remuneration committee, retirement, russia, share price performance, Sir Martin Sorrell, Steve Ballmer, vietnam, WPP
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