WPP's Sorrell tops the adland salary league

LONDON - Sir Martin Sorrell, the chief executive of WPP, continues to lead the way in the pecking order of adland salaries.

However, Sorrell's salary increase, of 3.2%, was paltry compared with Creston's Don Elgie, whose salary rocketed by 35 per cent in the year to 31 March.

Sorrell was paid £859,000 in the year to December 31, according to figures from Companies House, as reported in Marketing Services Financial Intelligence. Sorrell's bonus and share awards make for a larger package overall. He was awarded a bonus of £1.6m, based on performance, and £798,000 in shares, plus more than 1m shares as part of WPP's LEAP scheme.

Elgie, who has masterminded acquisitions including Delaney Lund Knox Warren & Partners and Tullo Marshall Warren, was paid £309,000. He was also awarded a bonus of £300,000 and awarded 21,926 shares. Robert Lerwill, Sorrell's former WPP colleague and now the chief executive of Aegis, was paid less than his predecessor, Doug Flynn. Lerwill, who took the Aegis chief executive role in February 2005, pocketed a basic salary of £548,000 for the 11 months to  December 31 2005, which was 22% less than Flynn's £640,000 pay for the full 12 months of 2004.

Lerwill's bonus, however, amounted to £519,000 under terms which offered up to 100 per cent of salary. He was also granted options in more than 1.5m shares at 105p.

The Chime chairman Lord Bell saw a 12% salary rise and a £92,250 bonus.

If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the Forum.

Topics

Become a member of Campaign from just £45 a quarter

Get the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk ,plus get exclusive discounts to Campaign events

Become a member

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

Partner content

Share

1 Why creative people have lost their way

What better way to kick off Campaign's relaunch than with another think piece on the current failings of our industry, written by an embittered, pretentious creative who misses "the way things used to be"...

Share

1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).