Around the Net

Shareholder Revolt Over Sorrell's Pay Expected At WPP Today

It is D Day for Sir Martin Sorrell and his "excessive" remuneration. A shareholder rebellion is expected at today's shareholder meeting in reaction to the chief executives pay rising from GBP17.5m to GBP30m. The "Times" is reporting the remuneration package has already been passed by proxy votes but as much as a fifth of the vote could rally against the pay plan. This could top the 18 percent of votes that were cast against Sorrell's pay a year ago.

Read the whole story at The Times »

Next story loading loading..