As Publicis Groupe SA and Omnicom Group Inc. work through regulatory delays to their plan to create a new leader in advertising, rivals say they’re picking up disgruntled customers and ad executives who fail to see how the merger helps them.
WPP Plc Chief Executive Officer Martin Sorrell said organic revenue growth at the world’s largest advertising company in 2014 will beat this year’s gain of more than 3 percent in a “tough, but manageable” market.
WPP Plc investors voted against the remuneration packages of directors, including Chief Executive Officer Martin Sorrell, as the the revolt over executive pay spread to the world’s biggest advertising agency.
WPP Plc Chief Executive Officer Martin Sorrell said the largest advertising company may increase sales by 4 percent next year, bolstered by the Olympics and U.S. elections and growth in Brazil, China and Russia.
WPP Plc Chief Executive Officer Martin Sorrell, whose pay package was voted down by investors last week, said he will accept plans by U.K. Business Secretary Vince Cable to give shareholders binding votes on executive pay.