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No sorry from Sorrell over size of pay package


No sorry from Sorrell over size of pay package


The boss of the world’s biggest advertising agency WPP Sir Martin Sorrell has fought off another shareholders’ revolt at the company AGM to pocket a 54.5 million euro salary.

Shareholder discontent was down to just 22% of investors who refused to back the package for Sorrell, who bulit the company from nothing in 1986 into today’s behemoth.

In 2012 60% of investors voted against Sorrell’s pay packet.

The company says more than 90% of the total is performance-related.

Sorrell reminded the audience that anyone investing £1000 in the company 20 years ago would now have £15,831 to play with.

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