1. Farewell Package for WPP's Sorrell Opposed by Investor Adviser

    Farewell Package for WPP's Sorrell Opposed by Investor Adviser

    LONDON (Reuters) - WPP’s decision to allow founder Martin Sorrell to quit with share awards worth millions of pounds faced fresh opposition on Tuesday as Hermes EOS advised shareholders to vote against the advertising giant’s remuneration report...

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    1. Given the lack of confirmed information about the reasons for the former CEO's departure, we do not believe we can assess whether his termination package is appropriate.
    2. We will be asking the chair for clarity on the key criteria the new CEO needs to meet, whether a formal review of the strategic options and of the portfolio has already commenced, how much can be done before the appointment of a new CEO and how the board is involved.
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