Martin Sorrell
Sir Martin Sorrell is the chief executive of the global advertising and communications group WPP. Prior to that he was the finance director at Saatchi & Saatchi. [1]
Sorrell had studied Economics at Oxford University. [2]
In 2002, Sorrell notoriously described the advertising industry as being in a 'bath-shaped recession', which apparently meant that expenditure on advertising would slide steeply, stagnate over a prolonged period, then eventually recover. [3]
In December 2005, an expensive divorce resulted in Sorrell cashing in £12m of his shares in WPP.[4] In 2005, Sorrell receieved a remuneration of £52m from WPP. [5]
- Advisory Board, European Management Institute [1]
Contents
External links
- Paul McIntyre, "Creative malaise riles Britain's adland genius", Sydney Morning Herald, October 31, 2005.
- Staff of Brand Republic, "Divorce forces Sorrell to cash in £12m of WPP shares", Brand Republic, December 21, 2005
- Amanda Andrews, "Sorrell warns ad industry of tough 2006", The Times, December 29, 2005.
- Raymond Snoddy, "Sir Martin Sorrell: Full of Eastern promise", The Independent, January 4, 2006.
Resources and articles
Related Sourcewatch
References
- ↑ Advisory Board, European Management Institute, accessed August 26, 2008.