Around the Net

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,'s advertising agency.

Read the whole story at The Guardian »

Next story loading loading..