Martin Sorrell pay surges 70% to £30m

Sir Martin Sorrell, the chief executive of WPP, was paid a total of £29.8 million in 2013, up 70.1 per cent year on year.

Sir Martin Sorrell: chief executive of WPP
Sir Martin Sorrell: chief executive of WPP

According to WPP’s annual report Sorrell received £1.15 million in base salary, down 11.5 per cent year on year, and £1.9 million in benefits, pension and contributions in lieu of dividends.

Sorrell received £4.1 million from short-term incentive plans in 2013, up 33.7 per cent year on year, and £22.7 million from long-term incentive plans in 2013, double the £11.4 million he received a year earlier.

A spokesman was unable to confirm whether Sorrell’s £29.8 million was a record paycheck for the adman, citing a "bumper year a very long time ago", but it could make him the best paid chief executive in the Ftse100 last year.

Topics

Subscribe to Campaign from just £57 per quarter

Includes the weekly magazine and quarterly Campaign IQ, plus unrestricted online access.

SUBSCRIBE

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now
Share

1 Meet the new breed of ad agency chiefs

A new wave of first-time CEOs are opting to do things differently in an evolving landscape. They discuss the business model of the future with Jeremy Lee.

Case study: How 'This girl can' got 1.6 million women exercising
Shares0
Share

1 Case study: How 'This girl can' got 1.6 million women exercising

"This girl can" was based on a powerful insight: that the fear of judgement by others is the primary barrier holding women back from participating in sport.

Just published

More