WPP misjudged mood of shareholders over pay, says Sorrell

Help

WPP chief executive Sir Martin Sorrell says the company "misjudged the mood" of shareholders over executive pay.

Earlier in the year, shareholders voted against an executive pay report which included a £6.8m deal for Sorrell.

Speaking to the BBC, he said: "I guess we misjudged the mood of the shareholders".

However, he added: "It's an extremely competitive environment, particularly from a salary and compensation point of view."

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.