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WPP's Sorrell Defends GBP43m 'Sorrellcentricity" Bill
- The Telegraph, Friday, May 1, 2015 6:50 AM
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.
