Sir Martin Sorrell has defended his bumper pay package, arguing that he has put three decades of his life into building WPP from a maker of wire baskets into a £21bn global marketing business.
Sorrell, whose total remuneration is likely to hit £70m when full details are revealed in WPP’s annual report in the summer, is set to face a backlash from shareholders at the company’s annual meeting in June.
Sorrell began the company by taking a stake in Wire and Plastics Products in 1985 as a vehicle to deliver his ambition of creating a global advertising powerhouse.
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