WPP CEO Sir Martin Sorrell (below) will receive about £50m this year from the marcoms giant, down from £70m last year. This is because the controversial Leap bonus scheme has fewer shares in it (this is its last year) so ...
Read More »Sorrell’s gloomy note hits shares even as WPP reports record £2bn plus 2016
Who’d be WPP’s Sir Martin Sorrell? No sooner has he declared 2016 a record year for WPP with revenues of £14.39bn and operating profit over £2bn for the first time (£2.06bn with post-tax profit of £1.5bn) than the shares tumble ...
Read More »Watch out Facebook Snapchat is coming says Sorrell
Messaging service Snapchat, limbering up for an IPO this year that could value it at $25bn, is a potential rival to Facebook according to WPP CEO Sir Martin Sorrell. Speaking at Davos Sorrell said that WPP clients spent $90m with ...
Read More »WPP’s Sorrell emerges as ‘power of one’ fan too – the bigger the better
We haven’t heard from WPP’s Sir Martin Sorrell for a while – well everybody deserves a break and it looks as though SMS went somewhere sunny (and had the eye op too). But he’s back on the road again, at ...
Read More »New list of adland’s top earners show striking absence of advertising people
Business Insider has published its annual list of the top earners in advertising and, strange but true, hardly any (maybe none) are actually involved in advertising at all. Now they’re all from quoted companies admittedly so you’d expect the top ...
Read More »Is WPP’s Sorrell about to announce a transformational deal in “addressable” TV?
Martin Sorrell (as he then was) built WPP into a £22bn advertising behemoth by buying big agency brands (JWT then Ogilvy then Y&R then Grey) in the days when they planned and bought media as well. Now they don’t the ...
Read More »WPP’s spectacular Brexit boost underpinnned by solid international performance
Addressing the nation on the wireless this morning (he doesn’t really require an interviewer) WPP CEO Sir Martin Sorrell (below) had to try to sound downbeat about the UK’s Brexit vote even as the fall in the value of the ...
Read More »WPP’s Sorrell thinks six holding companies is too many
WPP’s Sir Martin Sorrell has been strangely quiet recently – by his own voluble standards anyway – but he’s been regaling delegates at the Festival of Marketing in London as only he can. Other speakers at the event include Monica ...
Read More »WPP backs Turkey with JWT digital agency deal
WPP marches on where others, sometimes, fear to tread. Every now and then you feel its executives might be issued with tin hats. Now its J. Walter Thompson has bought a majority stake in WANDA Digital which is described as ...
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