B&TB&TB&T
  • Advertising
  • Campaigns
  • Marketing
  • Media
  • Technology
  • Regulars
    • Agency Scorecards
    • Best of the Best
    • Campaigns of the Month
    • CMO Power List
    • CMOs to Watch
    • Culture Bites
    • Fast 10
    • New Business Winners
    • Spotlight on Sponsors
  • Jobs
  • Awards
    • 30 Under 30
    • B&T Awards
    • Cairns Crocodiles
    • Women In Media
    • Women Leading Tech
Search
Trending topics:
  • Cairns Crocodiles
  • Nine
  • Seven
  • Cannes Lions
  • WPP
  • AFL
  • B&T Women in Media
  • NRL
  • Thinkerbell
  • Pinterest
  • State of Origin
  • imaa
  • Anthony Albanese
  • ARN
  • Spotlight on Sponsors
  • Meta
  • AI
  • TV Ratings
  • Radio Ratings
  • Sports Marketing

  • About
  • Contact
  • Editorial Guidelines
  • Privacy
  • Terms
  • Advertise
© 2025 B&T. The Misfits Media Company Pty Ltd.
Reading: WPP Forced To Pay Sir Martin $4 Million In Bonuses Despite Saying It Wouldn’t
Share
B&TB&T
Subscribe
Search
  • Advertising
  • Campaigns
  • Marketing
  • Media
  • Technology
  • Regulars
    • Agency Scorecards
    • Best of the Best
    • Campaigns of the Month
    • CMO Power List
    • CMOs to Watch
    • Culture Bites
    • Fast 10
    • New Business Winners
    • Spotlight on Sponsors
  • Jobs
  • Awards
    • 30 Under 30
    • B&T Awards
    • Cairns Crocodiles
    • Women In Media
    • Women Leading Tech
Follow US
  • About
  • Contact
  • Editorial Guidelines
  • Privacy
  • Terms
  • Advertise
© 2025 B&T. The Misfits Media Company Pty Ltd.
B&T > Advertising > WPP Forced To Pay Sir Martin $4 Million In Bonuses Despite Saying It Wouldn’t
AdvertisingMedia

WPP Forced To Pay Sir Martin $4 Million In Bonuses Despite Saying It Wouldn’t

Staff Writers
Published on: 18th March 2019 at 12:25 PM
Staff Writers
Share
2 Min Read
SHARE

He may have left under a cloud last April, however, Sir Martin Sorrell certainly negotiated himself an impressive termination package with news over the weekend that WPP has had to pay its former boss £2.13 million ($A4 million) in a share payout.

The bonus dates back to 2017, reflecting the company’s share price performance between 2014 and 2018 when Sorrell was still in charge of the world’s biggest media company.

WPP had previously said it would not pay Sorrell any bonuses as it alleged he contravened a non-compete agreement when he launched S4 Capital in mid-2018.

And worse may be to come for WPP. Media reports suggest Sorrell is still owed as much as £7 ($A13.4 million) in shares and bonuses from his time in charge and it is something even WPP’s own lawyers have said it won’t be able to wriggle out of.

Sorrell also retains a 1.4 per cent in WPP, estimated to be worth a staggering £150 million ($282 million).

The latest payout will sure to irk WPP management who’d long bemoaned the lavish salary Sorrell paid himself when he was its CEO. In fact, Sorrell’s hefty pay check (and a plummeting share price) was said to be one of the prime reasons the board removed him in April.

 

 

Join more than 30,000 advertising industry experts
Get all the latest advertising and media news direct to your inbox from B&T.

No related posts.

TAGGED: sir martin sorrell, WPP
Share
Staff Writers
By Staff Writers
Follow:
Staff Writers represent B&T's team of award-winning reporters. Here, you'll find articles crafted with industry experience spanning over 50 years. Our team of specialists brings together a wealth of knowledge and a commitment to delivering insightful, topical, and breaking news. With a deep understanding of advertising and media, our Staff Writers are dedicated to providing industry-leading analysis and reporting, both shaping the conversation and setting the benchmark for excellence.

Latest News

Ogilvy CEO Sally Kissane To Depart
08/07/2025
Everything You Need To Know About B&T’s Agency Scorecards!
08/07/2025
Agency Scorecard: Atomic 212°
08/07/2025
Agency Scorecard: Leo
08/07/2025
//

B&T is Australia’s leading news publication magazine for the advertising, marketing, media and PR industries.

 

B&T is owned by parent company The Misfits Media Company Pty Ltd.

About B&T

  • About
  • Contact
  • Editorial Guidelines
  • Privacy
  • Terms
  • Advertise

Top Categories

  • Advertising
  • Campaigns
  • Marketing
  • Media
  • Opinion
  • Technology
  • TV Ratings

Sign Up for Our Newsletter



B&TB&T
Follow US
© 2025 B&T. The Misfits Media Company Pty Ltd. All Rights Reserved.
Welcome Back!

Sign in to your account

Register Lost your password?