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WPP's Sorrell Banks GBP36m Bonus

The chief executive of advertising giant WPP will receive £36m in bonus payments, the company has revealed. Sir Martin Sorrell will be the biggest beneficiary of WPP's incentive bonus scheme, which pays out to 17 of the company's top executives from a pot of £78.2m. The scheme, which is based on a comparison against 12 other companies, was discontinued in 2012 after 60pc of WPP's shareholders voted against Sir Martin's bonanza pay rises. However, the Leap programme continues to pay out on the company's past performance.

Read the whole story at The Telegraph »

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