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WPP Leads Pay Revolt At Chime

Perhaps ironically, considering that Sir Martin Sorrell's pay has come under so much scrutiny again recently,, WPP has led a shareholder revolt against Chime's remuneration policy for directors. Nearly a quarter of Chime's shareholders, led by WPP, abstained on the issue -- allowing the resolution to pass but with a stern warning that director pay is in their sights. Among many interests, Chime owns VCCP, Comparethemarket.com's advertising agency.



Read the whole story at The Guardian »

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