Sir Martin Sorrell could lose his £20 million WPP payout if he enters a bidding war with his old company

Sir Martin Sorrell could lose his £20 million WPP payout if he enters a bidding war with his old company

LONDON (Reuters) – Sir Martin Sorrell is at risk of losing his multi-million-pound exit package from WPP after his new advertising venture sought to buy a business that his former employer is also pursuing, a person familiar with the matter told Reuters. WPP lawyers have written to the 73-year-old to warn him he is at…

Ad guru Sir Martin Sorrell is back, just 6 weeks after quitting WPP

Ad guru Sir Martin Sorrell is back, just 6 weeks after quitting WPP

LONDON — Sir Martin Sorrell has returned to the advertising industry just weeks after being forced out of WPP, the advertising holding company he founded over 30 years ago. Stock market filings in the UK show Sorrell has set up a new investment vehicle called S4 Capital that has raised £51 million for acquisitions. £40…

WPP CEO Martin Sorrell resigns in the wake of misconduct allegations

WPP CEO Martin Sorrell resigns in the wake of misconduct allegations

Oli Scarff/Getty Images WPP CEO Martin Sorrell resigned from the advertising company on Saturday. The move follows an investigation into allegations of improper behavior and misuse of assets. Sorrell has denied the allegations, but said Saturday that the „current disruption” was „putting too much unnecessary pressure on the business.” WPP CEO Sir Martin Sorrell announced…

WPP chief Sir Martin Sorrell steps down

WPP chief Sir Martin Sorrell steps down

Image copyright Getty Images The chief executive of the world’s largest advertising agency, WPP, is stepping down with immediate effect. Sir Martin Sorrell has been at the helm of the company for 33 years since taking control in 1986. The chairman of WPP, Roberto Quarta, will oversee the agency until a new CEO is appointed.…

WPP CEO Sir Martin Sorrell is reportedly under investigation after allegations of misuse of assets and improper behavior

WPP CEO Sir Martin Sorrell is reportedly under investigation after allegations of misuse of assets and improper behavior

Eamonn M. McCormack/Getty Images WPP CEO Sir Martin Sorrell is the focus of an investigation into possible misuse of company assets and accusations of improper behavior, The Wall Street Journal reports. The high-profile ad executive has been struggling to steer WPP, a traditional ad-agency giant, amid vast changes in the marketing world. UPDATE: Sorrell is…

Martin Glenn: FA chief’s Star of David and swastika comparison criticised

Martin Glenn: FA chief’s Star of David and swastika comparison criticised

Martin Glenn has been chief executive of the Football Association since March 2015Football Association chief Martin Glenn has apologised „for any offence” after comparing the Star of David with symbols such as the Nazi swastika. Glenn was discussing Manchester City’s Spanish manager Pep Guardiola, who has been wearing a yellow ribbon in support of imprisoned…