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AN ADVERTISING supremo was forced to defend his £63 million pay cheque yesterday amid a public outcry over the growing pay gap between bosses and their workers.
Sir Martin Sorrell, chief executive of advertising firm WPP, insisted that multimillion-pound pay packages are part of a successful business.
The comments came after BP chief Bob Dudley’s £14m salary was voted down by 60 per cent of the oil giant’s shareholders last week.
“Most of my wealth, if not all of it, is and has been for the last 31 years tied up in the success of WPP,” he said.
“So if WPP does well, I do well.
“The fact is those plans were put in place, they were voted on, they were approved.”
But Sir Martin was involved in a shareholder rebellion himself in 2012, when nearly 60 per cent of WPP’s investors rejected his £6.8m salary.