Mirror, Mirror on the wall....9 Jun 2016 00:21
Who is the richest UK CEO of them all..........
"Sorrell said that he has only once sold shares in the company, following his divorce in 2010.
His remuneration, which includes a bonus of £62.8million and amounts to 52 times his £1.2million salary, makes him the highest paid boss in the FTSE 100.
For 2015 the father-of-three, who lives in a £5million property in central London with his 43-year-old Italian wife Cristiana, amassed pensions contributions of £460,000 on top of his basic salary.
He got a short-term bonus of £4.3million and netted £1.5million in lieu of dividends on shares he put off taking in 1995. Perks for Sorrell amounted to £200,000.
At the AGM, held in the Pullman Hotel near London’s St Pancras station, several big City investors opposed Sorrell’s remuneration.
Hans-Christoph Hirt, co-chief executive of Hermes, said it was excessive, and Euan Stirling, head of Standard Life, said: ‘We expect that is more than would be required to recruit, retain or motivate even someone with the redoubtable talents of Mr Sorrell.’
It followed guidance from advisory bodies including Local Authority Pension Fund Forum, ShareAction, PIRC and ShareSoc prior to the meeting which urged investors to oppose the pay deal."
http://www.thisismoney.co.uk/money/markets/article-3631857/Astonishing-vanity-70m-WPP-fatcat-Sir-Matin-Sorrell-gets-angry-investors-revolt-pay.html
NIght to all the 99%. You can´t buy love or happiness .o))