WPP chief Sir Martin Sorrell handed £13m compensation package Although Sir Martin is regarded as one of Britain's most successful chief executives, his pay rise is likely to further inflame shareholder fury over compensation for the company's top directors. WPP suffered a major shareholder revolt over pay at its annual general meeting last year, where 40pc of voters refused to back the advertising group's 2010 remuneration report. Last week Sir Martin hit out at claims his 2010 pay was substantial, because most of his earnings came via shares which he bought using his own money. His remuneration that year totalled £4.23m, plus £400,000 of pension contributions. "I don't have a substantial pay packet, I have a substantial amount of money which I invest in [WPP] and which I have paid tax on," he said at the time. If that's morally repugnant or wrong to you, that's fine. It is not a pay packet. I am not apologetic about the performance of the company, and this is pay for performance, for goodness sake. WPP's profits broke through the £1bn barrier for the first time in 2011.