WPP shareholders reject CEO’s salary bump
A majority of investors in the world’s largest advertising company, which oversees several prominent PR firms, voted against CEO Martin Sorrell’s pay package today.
London-based WPP is the world’s largest advertising agency and oversees several prominent public firms, including Hill & Knowlton, Ogilvy PR, and Burson-Marsteller.
Bloomberg News reports that 60 percent of WPP investors voted down Sorrell’s salary, although the vote is non-binding.
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