Shareholder Protest Against WPP CEO Pay Lost Steam

The video discusses the controversy over high executive pay, particularly focusing on WPP's Martin Sorrell, whose compensation has been criticized despite his significant contributions to the company. The discussion extends to other companies facing shareholder dissent over executive pay. It also highlights challenges in the advertising industry, including issues with the rebate system and media buying transparency.

What was the main reason for the dissent among shareholders regarding Martin Sorrell's pay package?

• He was involved in a scandal.

• He failed to meet company targets.

• His pay was considered too high for any executive.

• His pay was lower than industry standards.

What change did WPP implement in response to shareholder dissent in 2012?

• Introduced caps on executive pay.

• Reduced company dividends.

• Expanded the board of directors.

• Increased executive bonuses.

Which other companies faced shareholder protests over executive compensation?

• Shire and BP

• Tesla and Ford

• Apple and Google

• Microsoft and Amazon

What argument does Martin Sorrell make to justify his high compensation?

• He has the highest educational qualifications.

• He has the most experience in the industry.

• He has built the largest advertising company in the world.

• He has the most diverse portfolio.

What concern do advertisers have about the rebate system in media buying?

• Agencies are not meeting advertising targets.

• Agencies are not buying enough media space.

• Agencies are charging too much for services.

• Agencies are not transparent about discounts.