One third of WPP shareholders voted against chief executive Sir Martin Sorrell’s £70m pay at the annual general meeting on Wednesday.
Over 33% opposed the remuneration report and just under 67% were in favour.
There were some abstentions as shareholders showed disapproval by withholding their votes. Taking those abstentions into account, more than 34% failed to back the remuneration report.
It was the worst revolt at a WPP AGM since 2012.
Investors were unhappy that Sorrell collected £63m from a five-year incentive plan, called LEAP, even though the company has agreed to stop the controversial scheme in future years.
WPP axed LEAP after 60% voted against his pay in 2012 i
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