So long ago, the annual reports of WPP, the advertising and communications giant, were collector’s items.
They weren’t appreciated for the detail of the company’s performance or the various blows to the back. Few of them read them. What was delightful were the pages and pages devoted to explaining the calculation of the remuneration of the founder and driving force of the company, Sir Martin Sorrell.
He had built a £ 30 billion empire (yes, that’s what WPP was worth at one point) out of a small business that produced shopping carts. Under Sorrell, Wire & Plastic Products dominated the world stage, attracting a multitude of media agencies, many of which were household names. Multinationals lined up for its various services. Across it all sat Sorrell.
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Source: www.independent.co.uk
This notice was published: 2021-04-30 20:30:56
