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....”. Sir Martin Sorrell, chief executive of the world’s largest marketing services group WPP, was critical of Google but fell short of blacklisting the company from its UK advertising schedule. ... [Read full article on Guardian ]
Friday 17th of March 2017 03:08:24 PM
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.... Publicis, the world’s third-largest advertising firm, said it was reviewing its relationship with Google and YouTube. The world’s largest advertising firm WPP, via its media-buying division GroupM, has stopped short of cancelling ads but has written to major clients asking them how they wish to proceed. ... [Read full article on Guardian ]
Sunday 19th of March 2017 03:24:45 PM
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....The £35m each of them can expect dwarfs the £23. 3m received by housebuilder Berkeley’s founder-chairman Tony Pidgley in 2015 but still some way below the £70m deal that Sir Martin Sorrell got in the same year at advertising giant WPP. ... [Read full article on Guardian ]
Sunday 19th of March 2017 12:59:57 PM
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....Unilever’s chief marketing officer, Keith Weed, who was speaking alongside Brittin at the Advertising Week Europe seminar, said the consumer goods company has not pulled its adverts from Google and had not yet been affected. Brittin’s public apology comes after he was urged to do so by Rob Norman, chief digital officer at GroupM, part of the world’s largest advertising group WPP. ... [Read full article on Guardian ]
Monday 20th of March 2017 12:23:08 PM
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....”. The trust’s “pay tracker” report highlights the big gaps between FTSE bosses such as Sir Martin Sorrell of advertising firm WPP, who was awarded more than £40m in 2016, and public sector workers, who have seen their incomes squeezed by years of austerity. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 06:30:27 AM
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.... Only six of the bosses were paid less than £1m in that year. The charity found the company with the biggest pay gap was WPP. ... [Read full article on BBC ]
Wednesday 22nd of March 2017 01:21:15 PM
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Latest Finance News related to WPP

Bosses' incomes are 386 times higher than Living Wage image
Source : BBC [Read Article] Wednesday 22nd of March 2017 01:21:15 PM
.... Only six of the bosses were paid less than £1m in that year. The charity found the company with the biggest pay gap was WPP. ...
FTSE CEOs 'earn 386 times more than workers on national living wage' image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:30:27 AM
....”. The trust’s “pay tracker” report highlights the big gaps between FTSE bosses such as Sir Martin Sorrell of advertising firm WPP, who was awarded more than £40m in 2016, and public sector workers, who have seen their incomes squeezed by years of austerity. ...
Head of Google Europe apologises over ads on extremist content image
Source : Guardian [Read Article] Monday 20th of March 2017 12:23:08 PM
....Unilever’s chief marketing officer, Keith Weed, who was speaking alongside Brittin at the Advertising Week Europe seminar, said the consumer goods company has not pulled its adverts from Google and had not yet been affected. Brittin’s public apology comes after he was urged to do so by Rob Norman, chief digital officer at GroupM, part of the world’s largest advertising group WPP. ...
Google braces for questions as more big-name firms pull adverts image
Source : Guardian [Read Article] Sunday 19th of March 2017 03:24:45 PM
.... Publicis, the world’s third-largest advertising firm, said it was reviewing its relationship with Google and YouTube. The world’s largest advertising firm WPP, via its media-buying division GroupM, has stopped short of cancelling ads but has written to major clients asking them how they wish to proceed. ...
British firms warned over new wave of pay revolts at AGMs image
Source : Guardian [Read Article] Sunday 19th of March 2017 12:59:57 PM
....The £35m each of them can expect dwarfs the £23. 3m received by housebuilder Berkeley’s founder-chairman Tony Pidgley in 2015 but still some way below the £70m deal that Sir Martin Sorrell got in the same year at advertising giant WPP. ...
French advertising giant pulls out of Google and YouTube image
Source : Guardian [Read Article] Friday 17th of March 2017 03:08:24 PM
....”. Sir Martin Sorrell, chief executive of the world’s largest marketing services group WPP, was critical of Google but fell short of blacklisting the company from its UK advertising schedule. ...
Forget the fuss – bumper paydays go on for UK's best-paid boss Sorrell | Nils Pratley image
. Spring has arrived, so it’s time for WPP to tot up chief executive Sir Martin Sorrell’s winnings. ...
Pay boosts for Shell and Rolls-Royce bosses despite profits slide image
....It comes after Rolls-Royce posted its biggest ever loss last year, although underlying profit beat expectations. Meanwhile, Sir Martin Sorrell, chief executive of advertising giant WPP, has been awarded £41. ...
Sir Martin Sorrell's £42m payout takes earnings to £210m in five years image
. The scale of pay deals on offer in FTSE 100 boardrooms has been illustrated by the latest payout to Sir Martin Sorrell, who was awarded more than £40m in 2016 taking the total payout to the chief executive of marketing and advertising company WPP in the past five years to more than £200m. ...
Snap and Sorrell are wrong: powerful bosses can become untouchable insiders image
....Sir Martin Sorrell is the man with the case for defence. “Perhaps surprisingly, corporate structures that seem to offend customary good corporate governance may deliver better long-term results,” declared the chief executive of advertising giant WPP last week. ...
WPP warns on 'tepid' economic growth as profits jump image
Source : BBC [Read Article] Friday 3rd of March 2017 09:25:26 AM
. WPP, the advertising giant, warned that "tepid" economic growth could hit revenues. ...
FTSE closes down as WPP shares hit by cautious outlook image
Source : BBC [Read Article] Friday 3rd of March 2017 08:56:40 AM
. (Close): Advertising giant WPP was the biggest faller on the FTSE 100 on Friday after it gave a cautious outlook for the year ahead. ...
Sorrell: companies that offend good governance tend to perform better image
. WPP’s Sir Martin Sorrell has said that companies with dominant shareholders or owners such as Rupert Murdoch’s Fox, Facebook and Snap that “offend” good corporate governance practices take more risks and tend to perform better financially. ...
Snapchat goes public at $29bn and makes co-founders tech billionaires image
Source : Guardian [Read Article] Thursday 2nd of March 2017 04:27:48 PM
.... Nor, unlike its far larger rival, is it profitable. But Sir Martin Sorrell, chief executive of WPP, the world’s largest advertising company, called Snapchat “very important” and said: “I think it’s a defining moment in that it could well be the third force” against Google and Facebook. ...
Is Snapchat the new Facebook? image
Source : Guardian [Read Article] Friday 3rd of February 2017 07:13:50 PM
....Both companies make their money from advertising at the expense of traditional advertising markets such as newspapers and TV. Sir Martin Sorrell, chief executive of WPP, the world’s largest advertising company, has said his clients spent $1. ...
Leading investor signals it may oppose City bosses' pay rises image
Source : Guardian [Read Article] Wednesday 1st of February 2017 12:02:54 PM
....”. Standard Life had voted against the £70m pay deal for Sir Martin Sorrell, chief executive of advertising group WPP, and “escalated our action by voting against the members of the compensation committee”, the fund manager said in its report. ...
Bernie Ecclestone, Sir Martin Sorrell and executives to reap $40m in F1 selloff image
....6m of stock up for sale. Sorrell, who is chief executive of WPP, the world’s biggest advertising company, is also one of Delta Topco’s non-executive directors and is selling $1. ...
Can post-Brexit London survive as Europe's cultural and financial capital? image
.... But this pre-dates a referendum result that was almost unanimously opposed by the sector: a survey undertaken by the Creative Industries Federation showed that 96% of its members backed Remain. While there is little evidence of how the result has impacted so far, there are anxieties across London’s creative industries, from Martin Roth citing the referendum as a factor in stepping down as director of the V&A, to Martin Sorrell, chief executive of advertising giant WPP, who has warned of Brexit uncertainties hitting revenues. ...
Can a $26m-a-year fund manager really rethink executive pay? image
Source : Guardian [Read Article] Tuesday 17th of January 2017 07:00:32 AM
....BlackRock should carry clout, not only because of its size but also because 90% of its investments in listed companies are through tracker funds – positions it cannot sell even if it does not like the management. In the 12 months to the end of June, it voted against 7% of pay-related resolutions, including Sir Martin Sorrell’s £70m pay deal at WPP and companies where pay deals were voted down such at engineering company Weir Group and the medical equipment group Smith & Nephew. ...
Basic shop disciplines deliver Morrisons a merrier Christmas image
Source : Guardian [Read Article] Tuesday 10th of January 2017 03:13:19 PM
.... This would allow “consumers to choose for themselves,” said Corbyn. OK, but why should Sir Martin Sorrell at WPP, whose key customers are other well-paid marketing executives, care about a government kitemark? Does anyone?. ...
Maximum wage cap: how might it work? image
Source : Guardian [Read Article] Tuesday 10th of January 2017 12:11:32 PM
....However, as with some of Donald Trump’s most eye-catching policies, Corbyn’s team hopes what the public will take away is not the nitty gritty detail, but the fact that Corbyn is willing to take on fat cats – and the political establishment. Sir Martin Sorrell, of the advertising agency WPP, was the highest paid chief executive of a FTSE 100 company in 2015, earning £70. ...
UK bosses make more in two and a half days than workers earn all year image
Source : Guardian [Read Article] Wednesday 4th of January 2017 12:01:07 AM
....He said giving workers a seat at the table when pay is set, something May aproposed but has recently softened her approach on, would help restrain executive rewards. The rise in pay for FTSE 100 bosses such as Sir Martin Sorrell of the advertising company WPP and Bob Dudley of BP is in stark contrast to the fortunes of average workers, who have seen their living standards stagnate as a result of slow earnings growth since the financial crisis. ...
Brexit, strikes and pay revolts: the year in business image
Source : Guardian [Read Article] Wednesday 28th of December 2016 06:00:27 AM
Miners give the FTSE 100 a big boost image
Source : BBC [Read Article] Wednesday 7th of December 2016 08:51:35 AM
....Shire was the biggest faller, down 4. 5%, with WPP shedding 2. ...
Spread betting firms end winning run as FCA clamps down image
Source : Guardian [Read Article] Tuesday 6th of December 2016 07:14:57 PM
.... Drax would look less like a hard-luck story and more like a solid business again. Defending Sir Martin Sorrell’s £70m pay package is not easy, but Sir John Hood, chair of WPP’s remuneration committee, could surely do better than pleading that the fixed salary component is just like any other chief executive’s. ...
Sorrell not on 'superstar' salary, WPP pay chief tells MPs image
Source : Guardian [Read Article] Tuesday 6th of December 2016 03:39:29 PM
. The chair of WPP’s pay committee has told MPs that Sir Martin Sorrell is not on a “superstar” salary, months after the chief executive faced a shareholder revolt over his £70m pay package for last year. ...
Government called on to take bolder action on corporate reform image
Source : Guardian [Read Article] Tuesday 29th of November 2016 01:30:49 PM
.... In 2012, the then business secretary, Vince Cable, made changes to the way directors’ pay was announced and introduced a binding vote on pay every three years. The green paper was published as Sir Martin Sorrell, the chief executive of the advertising company WPP, whose pay deals have previously faced scrutiny from politicians, was handed £11. ...
Executive pay under unprecedented scrutiny – IoD chief image
Source : Guardian [Read Article] Monday 28th of November 2016 12:01:14 AM
....He is expected to point to the £14m pay deal for Bob Dudley, chief executive at BP, which was voted down at this year’s annual shareholder meeting in April. He will describe Sir Martin Sorrell – chief executive of WPP – as “the ultimate superstar CEO”. ...
The UK rise in Neets: those not in education, employment or training image
Source : Guardian [Read Article] Thursday 24th of November 2016 11:33:18 AM
....Movement to Work was established three years ago as a voluntary collaboration of UK employers aimed at tackling youth unemployment and helping Neets to get training and work. It includes big name employers including M&S, the NHS, BT, WPP, and Tesco and more than 50,000 young people have taken part in the scheme. ...
Still in vogue: luxury magazines defy print market gloom image
Source : Guardian [Read Article] Sunday 20th of November 2016 04:01:01 PM
....”. While WPP’s Group M media arm has forecast print ad spend on consumer magazines in total will fall 14% this year, to £320m, the luxury market is breaking records. ...
WPP gains fail to lift FTSE 100 image
Source : BBC [Read Article] Monday 31st of October 2016 08:36:48 AM
. (Close): A strong performance from shares in advertising giant WPP failed to lift London's main share index. ...
Ad firm WPP warns of 'Brexit anxiety' image
Source : BBC [Read Article] Monday 31st of October 2016 08:06:19 AM
. Advertising giant WPP has said slowing revenue growth in the UK may indicate "the first signs of Brexit anxiety". ...
Executive pay to be investigated by MPs image
Source : BBC [Read Article] Friday 16th of September 2016 08:27:15 AM
....Executive pay: A long running saga. BP, WPP and Smith and Nephew have been among the big companies where investors have revolted against boardroom pay. ...
TUC calls for curbs to 'stratospheric' executive pay image
Source : BBC [Read Article] Sunday 11th of September 2016 09:00:20 AM
....That compares with what the union body says was a 7% increase for average wages during the same time frame. It took Sir Martin Sorrell of advertising giant WPP, the UK's highest paid chief executive, less than 45 minutes to earn what an average worker receives in a year, the TUC added. ...
FTSE 100 dips as Glencore shares slide image
Source : BBC [Read Article] Wednesday 24th of August 2016 08:33:52 AM
....78. The world's largest advertising group, WPP, was having a better day, with its shares up by nearly 1. ...
Advertising firm WPP 'grinding out' growth image
Source : BBC [Read Article] Wednesday 24th of August 2016 08:05:13 AM
. Advertising giant WPP says it is "grinding out" growth as clients remain cautious amid slower global growth. ...
FTSE 100 bosses earn average of £5.5m a year, report says image
Source : BBC [Read Article] Sunday 7th of August 2016 11:17:27 PM
....The High Pay Centre's report found that increases in salaries were bigger for a select few chief executives at the largest companies. The head of the advertising group WPP, Sir Martin Sorrell collected the highest amount, a total of more than £70m. ...
Fidelity backs Theresa May's executive pay plans image
Source : BBC [Read Article] Tuesday 19th of July 2016 11:45:25 PM
....The fund manager has voted against at least one remuneration proposal at 55% of annual meetings of FTSE 350 companies this year. Big companies including WPP, BP and others have come under fire from shareholders for their executive pay arrangements at recent annual meetings. ...
Vodafone among firms that may shift head offices from post-Brexit UK image
Source : Guardian [Read Article] Tuesday 28th of June 2016 07:08:33 PM
....But other business were more cautious. Siemens, which makes wind turbines in Hull, admitted it was putting new wind power investment plans on hold, while Sir Martin Sorrell, chief executive of advertising company WPP, told a conference organised by the Times: “This is going to be very painful, but the turmoil does bring opportunities. ...
Sir Martin Sorrell calls for 'stiff upper lip' as media stocks are hit by out vote image
. WPP’s Sir Martin Sorrell has said that British businesses have to show a “stiff upper lip and make the best of it” amid reports warning of a huge decline in advertising spend following the UK vote to leave the European Union. ...
EU Referendum: Business calls for stability and direction image
Source : BBC [Read Article] Friday 24th of June 2016 06:55:47 AM
....He said the Bank is prepared to provide £250bn to support the markets, but added that "some market and economic volatility can be expected as this process unfolds". The chief executive of advertising giant WPP, Sir Martin Sorrell, said he was "very disappointed" at the result. ...
Top FTSE 100 bosses landed pay rises of nearly £100m in 2015 image
Source : Guardian [Read Article] Friday 10th of June 2016 12:52:16 PM
....The figures drew fire from former business minister Vince Cable, trade union officials and excess pay campaigners, who pointed to the more modest pay increases handed to ordinary workers. The largest increase in terms of monetary value went to Sir Martin Sorrell, chief executive of global advertising group WPP, who experienced a shareholder revolt over his bumper pay deal this week. ...
City news: Boohoo.com, WPP, Dominos Pizza and Gala Coral image
Source : Daily Express [Read Article] Wednesday 8th of June 2016 10:51:00 PM
.... Boohoo now expects sales growth this year to rise from 25 per cent to as much as 30 per cent. A THIRD of WPP investors refused to back the £70million pay package handed to its CEO Sir Martin Sorrell. ...
Commons inquiry reveals machismo of retail wars image
Source : Guardian [Read Article] Wednesday 8th of June 2016 06:23:34 PM
.... Second, announce how much he is prepared to contribute to repair the hole in the pension fund; the moral obligation to cough up looks as plain as it did on the day of BHS’s collapse. Defending Sir Martin Sorrell’s indefensible £70m pay package is not easy, but WPP chairman Roberto Quarta could surely have done better than this watery line delivered to one protesting shareholder at Wednesday’s annual meeting: “Rest assured we hear your comments and your voice today and certainly we will take them into account as we … consult at the end of the year. ...
Sir Martin Sorrell at sharp end of investor revolt at WPP AGM image
Source : Guardian [Read Article] Wednesday 8th of June 2016 08:19:14 AM
. Sir Martin Sorrell and the board of WPP faced a barrage of criticism at their annual general meeting after a third of shareholders opposed the £70m pay package handed to Sorrell, chief executive of the world’s biggest advertising company. ...
Vote against Sorrell pay award, urge pension fund advisers image
Source : Guardian [Read Article] Monday 6th of June 2016 07:27:45 AM
. A group representing £175bn of local authority pension funds has urged its members to vote against the £70m pay awarded to Sir Martin Sorrell, the chief executive of WPP, at the advertising firm’s annual general meeting. ...
Chronicle of a debt foretold at BHS image
Source : Guardian [Read Article] Sunday 5th of June 2016 03:07:49 PM
.... Courageously, the 55% owner of Sports Direct has encouraged them to attend. All of which means it is a good week to have the WPP annual general meeting, at least if your name is Sir Martin Sorrell. ...
Three more companies face shareholder wrath over executive pay image
Source : Guardian [Read Article] Thursday 5th of May 2016 04:54:20 PM
....Almost 18% voted against the remuneration report for the past year, which included a £23m pay package for the chief executive, Rakesh Kapoor. Kapoor is thought to be the second-best paid FTSE 100 boss after WPP’s Sir Martin Sorrell, who was handed a £70m pay package last year. ...
Norwegian wealth fund to focus on executive pay at AGMs image
Source : Guardian [Read Article] Monday 2nd of May 2016 04:47:40 PM
....“More critically, we are seeing companies failing to secure majority support with others narrowly passing, thereby underscoring the depth and breadth of investor sentiments on pay this annual meeting season,” Costa said. The AGM season continues for a number of more weeks yet, when major companies hold their investor meetings, including WPP, the advertising company which confirmed last week that its chief executive, Sir Martin Sorrell, had been paid £70. ...
Reckitt Benckiser executive slapped at South Korea press conference image
....The news conference in a Seoul hotel marked the first public acceptance of responsibility by the firm – known in the UK for household cleaning products such as Dettol – for its role in a bitter controversy that has raged since 2011. Related: Reckitt Benckiser, Standard Chartered and WPP in line of fire over boardroom pay. ...
Shareholder Spring II: bosses prepare for AGM pay revolts image
Source : Guardian [Read Article] Saturday 30th of April 2016 03:00:28 PM
.... Its AGM is on Friday and in its annual report points out that Roman has not had a salary rise for five years, while performance has improved. In the coming weeks there will also be meetings of Shell and WPP, which announced last Friday that chief executive Sir Martin Sorrell had received £70. ...
City news: Restaurant Group, WPP, British Airways and AstraZeneca image
Source : Daily Express [Read Article] Saturday 30th of April 2016 12:01:00 AM
....__________________________________________________________________________. WPP has begun identifying potential candidates to eventually succeed founder Sir Martin Sorrell as it defended his £70. ...
Sir Martin Sorrell handed £70.4m in 2015 pay deal image
Source : Guardian [Read Article] Friday 29th of April 2016 08:59:47 AM
. Sir Martin Sorrell, the longstanding chief executive of advertising company WPP, received £70. ...
WPP chief Martin Sorrell defends £70m pay deal image
Source : Guardian [Read Article] Thursday 28th of April 2016 07:42:02 AM
. WPP founder Sir Martin Sorrell has again defended his bumper pay package, saying shareholders had previously approved the advertising company’s incentive plans by a substantial margin. ...
Sir Martin Sorrell’s WPP upbeat despite Brexit concerns image
Source : Guardian [Read Article] Thursday 28th of April 2016 06:47:29 AM
. Sir Martin Sorrell’s WPP has started the year strongly, beating its target of 3% net sales growth across its global marketing operations in the first quarter. ...
Pay ratio between bosses and employees will be '2016's hot topic' image
Source : Guardian [Read Article] Sunday 24th of April 2016 11:01:30 PM
....The focus is turning to this week’s AGM of Shire Pharmaceuticals for a vote over a 25% salary rise, to £15m, for its chief executive Flemming Ornskov. Advertising company WPP is also preparing to publish its annual report, which is expected to show a pay deal of around £70m for its chief executive Sir Martin Sorrell. ...
Can anyone be worth £70m a year, Martin Sorrell? image
Source : Guardian [Read Article] Tuesday 19th of April 2016 05:08:53 PM
.... In 1985, he went solo by borrowing £250,000, using his Saatchi shares as security, to buy into Wire & Plastic Products, a maker of shopping baskets. He used the small public company, later renamed WPP, as a vehicle to buy up advertising firms, stunning the business world in 1986 by launching a $566m (£394m) hostile takeover of J Walter Thompson in the US. ...
Opec's failure to agree a curb on oil production is hardly surprising image
Source : Guardian [Read Article] Monday 18th of April 2016 06:54:42 PM
.... That doesn’t mean such a tumble will materialise – but it must be more likely than it was. “If WPP does well, I do well,” says its chief executive Sir Martin Sorrell, attempting to get his retaliation in early. ...
Sir Martin Sorrell: I'm worth every penny I'm paid image
Source : Guardian [Read Article] Monday 18th of April 2016 06:19:34 PM
. Sir Martin Sorrell has defended his bumper pay package, arguing that he has put three decades of his life into building WPP from a maker of wire baskets into a £21bn global marketing business. ...
Sir Martin Sorrell defends £63m pay package ahead of AGM image
Source : Guardian [Read Article] Sunday 17th of April 2016 11:01:01 PM
. Sir Martin Sorrell, the chief executive and founder of advertising giant WPP, has launched a passionate defence of his controversial £63m bonus deal in the wake of last week’s explosive start to the annual general meeting season. ...
City News: Welsh economy, high street spending, WWP and Sunday Papers image
Source : Daily Express [Read Article] Sunday 17th of April 2016 05:29:00 PM
....---------------------------------------------------------------------------------------------------------. Sir Martin Sorrell, the boss of advertising giant WPP, has defended his £63million pay package, insisting “if WPP does well, I do well”. ...
Executive gravy train hasn’t hit the buffers yet image
Source : Guardian [Read Article] Sunday 17th of April 2016 06:05:16 AM
.... All will have expected healthy majorities but, after BP, confidence will be dented. A defeat or two in the following list is suddenly possible: WPP, which is a serial offender in the eyes of some shareholders; miner Anglo American; Dettol-to-Nurofen group Reckitt Benckiser; and pharmaceuticals firm Shire. ...
BP shareholders revolt against CEO’s £14m pay package image
Source : Guardian [Read Article] Thursday 14th of April 2016 11:41:50 AM
....1% voted against, and surpassing the 59% that voted against the £6. 8m pay deal for Sir Martin Sorrell at his advertising company WPP in 2012. ...
Reckitt Benckiser paid chief executive more than £23m last year image
Source : Guardian [Read Article] Monday 4th of April 2016 12:37:05 PM
....The bumper package catapults Kapoor, who has been with Reckitt Benckiser for almost three decades, close to the top of the league table of Britain’s highest paid chief executives. But he still lags behind the boss of the advertising firm WPP, Sir Martin Sorrell, who was given a deal worth £63m last year thanks to a share award. ...
Boardroom pay under spotlight as City AGM season begins image
Source : Guardian [Read Article] Sunday 27th of March 2016 01:58:28 PM
.... The advisory body Pirc, or the Pensions and Investment Research Consultants, is also seeking proper explanations from companies for the use of share buybacks to ensure that these are not being used to prop up pay deals for company bosses by artificially improving shareholder returns. The scale of pay deals on offer is illustrated by Sir Martin Sorrell – the founder and chief executive of WPP – who stands to receive almost £70m for 2015. ...
J Walter Thompson CEO resigns in wake of lawsuit accusing racism and sexism image
....The chief executive of one of the world’s leading ad agencies resigned on Thursday in the wake of a discrimination lawsuit accusing him of racist and sexist behavior. J Walter Thompson CEO and chairman Gustavo Martinez left “by mutual agreement” and “in the best interest” of the company, parent company WPP said in a statement. ...
WPP hands CEO Sorrell one of biggest pay cheques in UK corporate history image
. Sir Martin Sorrell has collected one of the biggest pay cheques in British corporate history after WPP, the advertising group, paid out almost £63m to its founder and chief executive. ...
The CBI: David Cameron's unwavering ally in EU referendum image
Source : Guardian [Read Article] Tuesday 15th of March 2016 12:01:01 AM
....When questioned about the size of his pay packet in the past, Sir Martin Sorrell runs the L’Oreal defence: because I’m worth it. The man who has built up WPP from scratch into the biggest marketing and advertising company in the world says he only does well if his shareholders are doing well. ...
Investor Forum has mediated in nine City-company disputes image
Source : Guardian [Read Article] Monday 14th of March 2016 12:01:01 AM
....James Anderson, a partner at Baillie Gifford, said the forum “enables serious dialogue with major companies away from the noise of market trading and offers the opportunity to reverse the fragmentation and diminution of our influence and responsibilities as owners that has so marred recent history”. Asked about the situation at advertising company WPP, where the chief executive, Sir Martin Sorrell, is poised to receive a £60m share bonus, Fraser said that as an example, the Investor Forum was unlikely to be asked to focus on a situation as specific as pay. ...
Sir Martin Sorrell set to gain £60m in share scheme image
Source : Guardian [Read Article] Sunday 13th of March 2016 03:58:06 PM
. Advertising company WPP will reveal this week that its chief executive, Sir Martin Sorrell, has been handed shares worth £60m in a move that will take the total earnings of the high-profile FTSE 100 boss to more than £150m in five years. ...
Chief executive at major ad agency sued for allegedly saying he'd rape employee image
.... The suit also alleges Martinez said he disliked living in Westchester County in New York because of “those fucking Jews”. In a statement provided by WPP, Martinez said: “I am aware of the allegations made against me by a J Walter Thompson employee in a suit filed in New York Federal Court. ...
City news: UK car sales, Africa bank bid, advertising executives and Steve Backshall image
....---------------------------------------------------------------------------------. WPP boss Sir Martin Sorrell has warned advertising executives are too optimistic about the industry’s outlook despite a potential lift from the Olympics in Rio, Euro football tournament and US presidential election. ...
BP chief receives 20% pay hike despite record loss and 7,000 axed jobs image
....Executive pay has always been high in the oil and gas sector, with Rex Tillerson, the boss of Exxon Mobil in the US being paid $40m in 2012 while Shell chief executive Ben van Beurden received $26m in 2014. Even then Van Beurden was not the highest paid executive in the FTSE index of leading London companies, with Martin Sorrell of WPP advertising group receiving almost £30m. ...

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