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More than 25 percent of WPP investors oppose Sorrell pay arrangements - Sky


(Reuters) - More than a quarter of investors at WPP have cast votes against a pay report to be discussed at Wednesday's annual general meeting, angered by benefits for former chief executive Martin Sorrell, according to Sky News reporter Mark Kleinman.Most of the advertising giant's shareholders vote ahead of time, so the company knows the results in advance, although they are not announced until the day. A spokesman for WPP could not be reached for comment.The AGM has received much media attention because of the high-profile departure of Sorrell, the architect of WPP's success and a titan ...

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First Published: Tue, June 12 2018. 02:27 IST