ShareSoc Director Cliff Weight was interviewed on Bloomberg this morning (prior to the WPP Annual General Meeting). He suggested all FTSE-100 CEO pay was too high and it was damaging shareholder returns.
Click on this link to see the video: http://www.bloomberg.com/news/videos/2016-06-08/all-ftse-100-ceo-pay-too-high-says-weight
ShareSoc previously issued this press release on pay at WPP: https://www.sharesoc.org/pr79-wpp-remuneration.html and advised shareholders to vote against the Remuneration Report at the AGM. We have also recently issued our Guidelines for Remuneration in public companies which suggested pay is generally excessive in larger companies and needs to be substantially reduced.