WPP Execs To Reap Bigger Bonuses

How can you keep pace with an accelerating marketing ecosystem? Join us at Brandweek Sept. 12–16 in Miami alongside leading CMOs, founders and change makers from GatoradeMarriottAlo YogaCampbell'sUncommon James and more. Book now.

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.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in