The Financial Times today published an online apology to former WPP chief Martin Sorrell for including him in a Sept. 14 article that was headlined, "Disgraced chief executives reap benefits while investors suffer."
That article, which has been deleted from the FT's site, "inaccurately described the circumstances in which Sir Martin Sorrell resigned from WPP," said the FT.
"Further, we wish to make clear that Sir Martin was not alleged to have engaged in conduct comparable to that of the other former chief executives referred to in the article.
"He has never been accused of the serious wrongdoing with which other individuals in the article have been accused or associated, and has always denied any wrongdoing in relation to his departure from WPP," it said.
The British paper apologized to Sorrell "for any distress caused to him and his family."