WPP Chief Sorrell Survives Investor Revolt Over Pay Package

  • One-third of shareholders object to 70.4 million-pound award
  • Advertising chief defends WPP media-buying after criticism

A protest against WPP Plc Chief Executive Officer Martin Sorrell’s 70.4 million-pound ($102.5 million) pay package lost steam, with about 33 percent of shareholders of the world’s biggest advertising company giving it a thumbs-down.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.