By John Glenday

WPP chief executive Sir Martin Sorrell is facing a fresh fight to justify earning £70.4m a year after a significant minority of shareholders indicated that they would vote against the package during the group’s annual remuneration report this Wednesday.

According to the Times, Pirc and ShareSoc, two proxy advisory firms, are leading the charge on the matter by advising investors to reject Sorrell’s bumper pay packet whilst a third, ISS, would offer only tepid support for the deal.

In April, Sorrell gave an interview to CNBC where he outlined the basis of his defence for his huge bonus Read full story ›

Source: The Drum