WPP chief executive Sir Martin Sorrell was paid a total of £29.8 million last year, up 70 per cent year on year. The global advertising network’s annual report shows Sorrell received £1.15m in base salary, down 11.5 per cent year on year, and £1.9m in benefits, pension and contributions in lieu of dividends.
He received £4.1m from short-term incentive plans in 2013, up 33.7 per cent year on year, and £22.7m from long-term incentive plans last year, double the £11.4m he received for 2012. It is not known if the £29.8m remuneration was a record for Sorrell, but it may make him the highest paid boss in the Ftse100.
WPP’s interests in Ireland include Ogilvy, Mindshare, Millward Brown and WHPR.