1. Sir Martin Sorrell’s £48M Boardroom Pay Backlash

    Sir Martin Sorrell’s £48M Boardroom Pay Backlash

    The question for investors is how the business will look when Sir Martin Sorrell retires Ashley Hamilton Claxton Just under 10 per cent voted against or failed to back a new policy, which is expected to pay out about £19million a year, potentially dropping to £13million from 2021. Shareholders also urged WPP’s board to step up efforts to ensure a smooth transition when Sorrell eventually retires...

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    1. Unusually, the CEO's service contract may be terminated by either the company or Sir Martin without any notice. We suggest that the board considers what lead time would be required to ensure an orderly succession.
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