WPP asks investors to boost Sorrell’s basic pay

September 23, 2011

WPP asks investors to boost Sorrell’s basic pay
WPP has been sounding out investors about raising the £1m base salary of its chief executive Sir Martin Sorrell by up to 50%, according to reports.
Sorrell was paid £1.07m in 2010 as part of an overall remuneration package of £4.23m, most of which is made up of performance-related pay.
The Guardian claims that WPP has “stunned its major investors” by asking for Sorrell’s basic pay to be increased by “up to 50%” and for the size of his potential bonus to be increased.
A WPP spokesperson declined to comment on the numbers, but said: “As we said in our most recent annual report, Sir Martin Sorrell’s base salary has been unchanged since 1 January 2007 and Sir Martin declined a review due in November 2008 because of business conditions at the time.http://ow.ly/6CVIw

Please reload

Featured Posts
Recent Posts

November 9, 2018

June 14, 2018

Please reload

Please reload

Search By Tags
Please reload

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

strategy and ​​planning |digital marketing| research | advertising | copywriting | design | email | exhibitions | mobile | public relations


Design House, 19 Retreat Road

Hockley, Essex, SS5 4BU


T: 0845 0099192

  • Wix Facebook page
  • Wix Twitter page

© 2020 Azzurro Marketing, all rights reserved.              SME Marketing Advice - Azzurro - Hockley - Essex    Tel: 0845 00 99 192