By John Glenday

Sir Martin Sorrell, head of the global advertising firm WPP, has shrugged off shareholder concerns to bank a 43 per cent pay rise for 2014, taking his total remuneration for the year to £43m.

Sorrell made headlines in 2012 when a majority of WPP shareholders rebuffed a 60 per cent pay rise to £6.8m following a double digit percentage fall in the firm’s share price. Since then however WPP has rebounded with Sorrell’s wallet fattening in tandem.

Sorrell has taken much of the credit for building WPP into the advertising giant it is today, earning the appreciation of his board.

WPP chairman Philip Read full story ›

Source: The Drum