Martin Sorrell: Hero of unbridled capitalism

March 18, 2015

Sir Martin Sorrell is a global superstar of entrepreneurship and hero of unbridled capitalism. But is he likely to become an election asset in the UK?

His business success is grounded in his deals that resulted in an acquisition of a wide range of the largest international advertising agencies, including Saatchi & Saatchi, and J Walter Thompson. His track record as entrepreneur and capitalist is noteworthy.

Although his business empire is built on creativity, his own skill is as a high-level financial innovator who found ways of releasing creativity of others in highly profitable ways.

As a Harvard MBA, and a governor of London Business School, his leadership makes a nice business school case.

This week [March 15th 2015] he made headlines with an annual bonus taking his earnings to £40 million.

The Independent reported:

Sir Martin Sorrell’s pay package is set to top £40m for last year after WPP, the advertising giant he founded, said that he was given £36m-worth of shares last week.

The shares were granted under a controversial long-term bonus plan called the Leadership Equity Acquisition Plan, or Leap, and which shareholders voted to abolish in 2012. The latest grant covers the five years from 2010 to 2015, when Sir Martin and 16 other executives received the maximum of five times their original investment in the scheme.

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