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Farewell package for WPP's Sorrell faces investor backlash

Reuters  |  LONDON 

By Simon Jessop and Kate HoltonLONDON (Reuters) - WPP's decision to allow founder Martin Sorrell to quit with share awards worth millions of pounds faced fresh opposition on Tuesday as Hermes EOS advised shareholders to vote against the advertising giant's remuneration report.Anger over the handling of Sorrell's departure is set to dominate WPP's annual meeting in London on Wednesday where investors will target the one issue that caused uproar during Sorrell's tenure - the amount he was paid.WPP's incentive plans have led to opposition in the past, with Sorrell earning around 200 million ...

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First Published: Tue, June 12 2018. 23:26 IST
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