Sorrell's pay has come under scrutiny, with some shareholder advisory groups asking investors to reject his compensation at the company's annual general meeting on Wednesday
Sorrell is likely to face anger from shareholders at the company’s annual meeting in June
Sir Martin said: 'I don't like the word pay, it is reward for performance with risk attached.'
Despite WPP's strong performance Sir Martin Sorrel said investors should be cautious about the economic outlook
Ivan Menezes celebrated his success landing the job as boss of the world's biggest drinks company, Diageo, with a glass of Johnnie Walker Blue Label whisky on the flight from London to New York. The promotion of the chief operating officer and company insider didn't scare the horses in the City as the shares barely twitched. But as he sipped the £130 liquor on the plane Mr Menezes might well have pondered the shoes he will have to fill when Paul Walsh, the FTSE 100's third longest-serving boss, departs.
The World Cup winner is to take a job placement at the group
The advertising tycoon Sir Martin Sorrell reignited the row over corporate tax after he described the amount big companies pay as "a question of judgement".
The advertising giant has had an almighty bust-up with the broadcaster
Forget industry awards, the real symbol of prestige in adland is writing a book on how to succeed in a notoriously fickle trade. Sam Delaney gets the hard sell
One of the most powerful men in world advertising, Sir Martin Sorrell, delivered a purposely timed publicity coup to the Chancellor, George Osborne, yesterday by announcing that his global business, WPP, would be relocating its headquarters to the United Kingdom.
It's a little late to clear up all those sex-based (alleged) inaccuracies in The Social Network, but Facebook founder Mark Zuckerberg – worth £8.4bn, ladies – has finally changed the relationship status on his own Facebook profile to "In a relationship". Remarkably, his girlfriend, Priscilla Chan, really was attracted to the billionaire's looks, personality and/or GSOH: the pair have been dating since 2005.
Steve Jobs's temporary departure from Apple exposes the risks faced by companies that are defined by their leaders. Chiara Cavaglieri reports
The Prime Minister is flying out to Delhi this week – and he means business.
As the FA is forced to shelve its campaign against homophobia, Ian Herbert asks why stars are too timid to tackle this taboo
When WPP's Sir Martin Sorrell pronounces on the state of the advertising industry – or, increasingly, industry in general – important people listen. So when he told the world last week that the current recession is going to be L-shaped (that's severe and prolonged) important people agreed. L-shaped it will be, then.
Last week the government decided that by 2012 digital must be in our national DNA. If you work in advertising, it's easy to assume it already is, as all things digital have been rushing to the top of the ad agenda for the past decade.