WPP Proposes £11M Pay for CEO Cindy Rose Amid Share Slump

• WPP seeks shareholder approval for a new compensation package for CEO Cindy Rose, potentially reaching £11 million annually.
• The proposed pay, driven by performance incentives, exceeds the £8.6 million maximum awarded to her predecessor, Mark Read.
• The proposal comes as WPP's shares have fallen by a third this year, hitting a nearly two-decade low due to AI concerns and market pressures.
• Rose, who joined from Microsoft, has already received £6.8 million, including buyout awards for forfeited incentives from her previous role.
• She is leading a strategic overhaul to simplify operations, improve client service, cut £500 million in costs, and divest non-core assets.