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Advertising company’s chief executive is expected to face shareholder anger at annual meeting in June

WPP founder Sir Martin Sorrell has again defended his bumper pay package, saying shareholders had previously approved the advertising company’s incentive plans by a substantial margin.

Sorrell is likely to face anger from shareholders at the company’s annual meeting in June after collecting a share award of nearly £63m. In total, his remuneration for last year is estimated to hit £70m, one of the biggest pay cheques in British corporate history. Full details will be revealed in the company’s annual report on Friday.

Related: Sir Martin Sorrell’s WPP upbeat despite Brexit concerns

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from Advertising | The Guardian http://ift.tt/1qWGUME
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