11 June 2018

Fatcattery (2)

Dirty deeds in high places, allegedly.  The Guardian reports:
Sir Martin Sorrell has “strenuously” denied paying for a sex worker using funds from WPP, the company he founded and developed into the world’s largest advertising group.
...
Sorrell, who was the longest-serving FTSE 100 chief executive until his departure, was paid £13.9m in 2017£48.1m in 2016 and £70.4m in 2015. He is set to receive further payments related to 1.6m shares in a number of award plans that will vest over the next five years. The exact value depends on the company’s performance but at WPP’s current share price the awards are worth about £19m.
With that kind of money, you would have thought that he could afford to pay for his pleasures from his own pocket ...

   

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