You are viewing a single comment's thread.

view the rest of the comments →

carmencita ago

BLACKSTONE

carmencita ago

Sir Martin Sorrell Misconduct

https://www.theguardian.com/business/2018/apr/04/martin-sorrell-ceo-role-in-doubt-as-wpp-investigates-misconduct-claims

Sir Martin Sorrell’s iron grip as chief executive of WPP is under threat after the advertising group hired a law firm to investigate an allegation of personal misconduct.

In the last five years alone Sorrell has been paid well over £200m for running the world’s largest advertising group thanks to lucrative and highly controversial reward schemes. His £70m payout in 2015 was one of the biggest in UK corporate history.

The trouble at the top has once again put a spotlight on the issue of succession at WPP amid accusations of a “Sorrellcentricity” – the view that Sorrell runs the giant business autocratically as a personal fiefdom, dominating decision-making.

Who Is Sir Martin Sorrell

https://www.thesun.co.uk/news/5967981/martin-sorrell-net-worth-wife-misconduct/

MONEY BAGS Who is Martin Sorrell, what’s his net worth and why has he stepped down as WPP boss?

He was educated at the prestigious Haberdashers' Aske's Boys' School and studied at Christ's College, Cambridge before completing an MBA at Harvard.

In the 1970s he was appointed group finance director for Saatchi & Saatchi, where he was often referred to as "the third brother" for his indispensable role.

In 1985, he formed WPP after taking control of a shell company, Wire & Plastic Products, and established it as a marketing services group in 1986.

As CEO of the company for the past three decades he has built up an advertising empire with 3,000 offices in 112 countries.

The razor sharp businessman was KNIGHTED in the 2000 New Year Honours.

Sorrell is married to Cristiana Falcone, director of media and entertainment industries at the World Economic Forum.

At 43, the impressive businesswoman is three decades his junior.

She gave birth to their first child, Bianca Sorrell, in November 2016.

Their marriage breakdown - reportedly due to Sorrell's obsession with work - resulted in the largest divorce settlement in British legal history.

The three sons followed in their father's footsteps by going to Cambridge University.

Jonathan Sorrell is a president of the Man Group - the world's largest publicly traded hedge fund company.

https://www.man.com/

https://www.man.com/corporate-governance#_board-of-directors

Lord Livingston of Parkhead Chairman of the Board of Directors, Man Group

Ian Livingston was appointed to the Board as a non-executive director and Chairman designate in January 2016 and was appointed as Chairman of the Board in May 2016.

With over two decades of board level FTSE 100 experience, most recently as Group Chief Executive Officer of BT Group plc until 2013, before which he served as Chief Executive Officer of BT Retail and as Group Chief Financial Officer. Prior to joining BT, he was Chief Financial Officer of Dixons Group plc.

Ian is a serving member of the House of Lords and from 2013 to 2015 was Minister of State for Trade and Investment. He is Chairman of Dixons Carphone plc and a non-executive director of Belmond Ltd.

Board of Directors Includes Dame Katharine Barker

carmencita ago

Wow. Did not know that. Amazing. I feel this Sorrell is compromised up to His Eyeballs.