WPP CEO Sir Martin Sorrell saw his annual wage rise by almost two-thirds to £30m last year, as a result of remuneration related to the performance of the company.
According to reports, the 70 per cent increase could provoke the ire of many of the marketing services network’s leading shareholders, despite Sorrell taking pay cut last year.
A spokesperson for WPP, explained that 90 per cent of Sorrell’s remuneration was performance related over the five year period that the, now defunct, share award scheme ran, which saw him receive £22.7m, while the company had the seventh best performance on the Read full story ›
Source: The Drum
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