Economy & Finance

WPP may face more shareholder ire over CEO Sorrell’s pay: FT


Sorrell, one of Britain’s highest-paid executives, has previously faced criticism from shareholders over his compensation.

Reuters reported earlier in March that Sorrell is set to receive shares worth 36 million pounds ($55.05 million) this year as a part of an arrangement that depends on the company’s performance.

Sorrell received 22.7 million pounds ($34.71 million) worth of shares last year as part of an overall remuneration package of 29.8 million pounds ($45.57 million).

WPP, Glass Lewis and ISS could not be reached immediately for comments outside regular business hours.

(Reporting by Rishika Sadam in Bengaluru- Editing by Eric Walsh)

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