WPP’s departing chairman Philip Lader has defended the record-breaking GBP43m package received by its high-profile chief executive last year, arguing its
“Sorrellcentricity” is one of the advertising group’s strengths. In his valedictory annual report, Lader said Sir Martin Sorrell’s unique style was a major factor behind
WPP’s success and suggested that its generous incentive scheme for senior executives had helped retain talent more broadly.
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