By Jessica Davies

WPP is reportedly facing a pay revolt this week as one of its largest investors – Standard Life – is expected to issue a public reprimand to the ad giant over boardroom bonuses.

According to the Sunday Times an annual meeting will be held on Tuesday (9 June) during which outgoing WPP chairman Philip Lader will be challenged over a £43m package for chief executive Sir Martin Sorrell.

The agenda for the meeting echoes previous concerns from WPP investors regarding Sorrell’s pay, which last year saw 30 per cent of shareholders fail to back a £30m payout for him for 2013. Read full story ›

Source: The Drum