Don't miss ADWEEK House at Cannes, June 16-19. Join us as we celebrate our 45th anniversary and explore the industry's now and next. RSVP.
In a detailed annual 2017 report released today by WPP, the holding company revealed that recently departed CEO Martin Sorrell’s total salary was cut by 71 percent in 2017 to $19.2 million (€13.9 million) from $66.4 million in 2016 following the adoption of a more modest five-year executive incentive plan.
In 2015, Sorrell took home an incredible $85.2 million (€70.4 million).
Under the new incentive scheme, called the Executive Performance Share Plan (which is in place through 2021), Sorrell received $13.8
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in