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| Cindy Rose |
Institutional Shareholder Services advises investors to vote "no" on a compensation package for WPP chief Cindy Rose at the May 8 annual meeting.
She could earn up to $15M a year in the event that short-and long-term incentive bonuses are reached.
That compares to an $11.5M annual cap for Rose’s predecessor, Mark Read.
ISS said Rose’s remuneration package “is considered out of proportion to the company’s market positioning and its financial performance,” according to the Financial Times.
It found “no sufficient justification to set her total pay package at a premium to her predecessor.”
Rose, who took the helm last September, reported that WPP posted a 6.7 percent Q1 decline in revenues to $3.1B.
Her Elevate 28 restructuring plan calls for stabilizing the business in 2026, building momentum and returning to organic growth in 2027 and delivering high-quality growth in 2028.
ISS said shareholders “expect significant pay increases to reflect sustained performance to date.”
Publicis Groupe posted five percent Q3 net organic revenue growth, marking “another very strong quarter” for the French-based firm, according to CEO Arthur Sadoun.
WPP chief Cindy Rose is cutting up to 1,000 jobs by the end of the year, adding to the 11K jobs lost since the start of 2025, according to a report in the Financial Times.
WPP CEO Cindy Rose declares her stabilization plan is "firmly on track" as the company reports a 4.7 percent dip in 1H revenues.
FTI Consulting reported a 2.6 percent drop in Q2 strategic communications revenues to $100M, a shortfall largely due to a $7.4M decline in pass-through revenues.
Omnicom CEO John Wren reported a 7.2 percent rise in Q2 “core operations” to $6B and a 6.1 percent spurt on an organic basis.
