Advisory bodies recommend voting against 30% rise for WPP chief Martin Sorrell
Advisory bodies are advising investors to vote against a 30% pay rise for WPP chief executive Sir Martin Sorrell.
It has been reported that bodies such as ISS, Glass Lewis, the Association of British Insurers, Manifest and Pirc are recommending a vote against the increase.
The advertising and media agency has said that Sorrell, whose salary was increased to £1.3m last year, had not had a raise previously since 2007.
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WPP plc is a British multinational communications, advertising, public relations, technology, and commerce holding company headquartered in London, England. It was...
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