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Investegate |WPP PLC Announcements | WPP PLC: WPP appoints Simon Dingemans to the Board

Investegate announcements from WPP PLC, WPP appoints Simon Dingemans to the Board ....

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WPP appoints Simon Dingemans to the board

Mumbai: WPP on Monday announced the appointment of Simon Dingemans to its board as a non-executive director, with immediate effect. He is associated with the global investment firm The Carlyle Group as senior advisor in the UK. "Dingemans will serve as a member of the audit committee upon joining the board," said the statement. Commenting on the appointment, WPP chairman ....

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WPP refuses to pay final long-term bonuses to ex-CEO Sorrell in new clash | Advertising

The war between WPP and its founder and former CEO Sir Martin Sorrell continues.
WPP revealed in its annual report, released on Thursday (April 29), that it will not pay out two final long-term bonus payments to which Sorrell was entitled after exiting the company in 2018.
The company said it withheld the payments because of “disclosure of confidential information” during his time as CEO.
Sorrell immediately hit back, accusing WPP of “blind rage” and looking for “an excuse to deny me what’s mine”.
The WPP long-term incentive plan, known as the EPSP, paid bonuses in the form of share awards after five years. Sorrell was due two final payments, covering 2016 and 2017. ....

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WPP refuses to pay final long-term bonuses to ex-CEO Sorrell in new clash

Agency giant claimed Sorrell was responsible for “disclosure of confidential information” to the media.
by Alison Weissbrot and Gideon Spanier, Campaign
Ex-WPP CEO Martin Sorrell. (Photo credit: Getty Images).
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WPP refuses to pay final long-term bonuses to ex-CEO Sorrell in new clash

WPP refuses to pay final long-term bonuses to ex-CEO Sorrell in new clash
campaignlive.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from campaignlive.co.uk Daily Mail and Mail on Sunday newspapers.

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