Martin Sorrell

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Sir Martin Sorrell is the chief executive of the global advertising and communications group WPP. Prior to that he was the finance director at Saatchi & Saatchi. [1]

Sorrell had studied Economics at Oxford University. [2]

In 2002, Sorrell notoriously described the advertising industry as being in a 'bath-shaped recession', which apparently meant that expenditure on advertising would slide steeply, stagnate over a prolonged period, then eventually recover. [3]

In December 2005, an expensive divorce resulted in Sorrell cashing in £12m of his shares in WPP.[4] In 2005, Sorrell receieved a remuneration of £52m from WPP. [5]

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References

  1. Advisory Board, European Management Institute, accessed August 26, 2008.
  2. Cool Earth Founders, organizational web page, accessed July 2, 2012.