WPP Execs To Reap Bigger Bonuses

Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.

WPP chief executive Martin Sorrell claimed victory last Friday as shareholders overwhelmingly approved a controversial executive bonus plan that drew rebuke from U.K. activist groups.

“This is all about investing in talent,” said Sorrell. “Having a competitive incentive plan is an important part of this.”

Under the new Leadership Equity Acquisition Plan, the company will match by up to five to one the shares that 19 top execs buy in WPP, depending on performance measured against corporate peers.



AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Spring Special

Save 30% Off an ADWEEK Subscription Today!

View Your Options

Already a member? Sign in