LONDON, March 10 (Reuters) - Several leading investors inWPP, the world's biggest advertising group, are preparedto push for the exit of CEO Martin Sorrell if they do not gettheir way over cuts to his pay package, The Sunday Timesreported.
The newspaper does not name any shareholders but cites one"large investor" as saying: "If there's another rebellion thissummer, it would be a clear signal that shareholders are lookingat life beyond Sorrell."
WPP's board has been in talks with investors over a plannedreduction in Sorrell's package, the paper said, adding thatproposed cuts were not deep enough to allay concerns overexcessive executive rewards.
Almost 60 percent of WPP's shareholders voted against thecompany's remuneration report last year.
WPP was not immediately available for comment.