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Sir Martin Sorrell resigns with £20m pay-out

Sir Martin Sorrell resigns with £20m pay-out

Martin Sorrell, the embattled CEO of advertising firm WPP, has struck a deal to net himself £20m over the next five years following his resignation on Saturday.

The 73-year old, who had been the longest-serving FTSE 100 leader, had faced allegations of personal misconduct, allegedly involving the improper use of company funds and allegations of improper behaviour. He denied the accusations.

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