Jump to Main ContentJump to Primary Navigation

Sir Martin Sorrell probed over alleged ‘personal misconduct’

Top businessman 'unreservedly' rejects any suggestion of financial impropriety

    One of Britain’s top businessmen is being investigated by his company over alleged misconduct.

    WPP, the advertising and public relations multinational, has confirmed its chief executive, Sir Martin Sorrell, is under investigation.

    In a short statement, the company said it had appointed “independent counsel to conduct an investigation in response to an allegation of personal misconduct” against Sir Martin.

    It added: “The allegations do not involve amounts which are material to WPP.”

    In a statement reported by the BBC, Sir Martin, who is Jewish, said media reports had stated that WPP “is investigating an allegation of financial impropriety by me, specifically as to the use of company funds.

    “This allegation is being investigated by a law firm. I reject the allegation unreservedly but recognise that the company has to investigate it.”

    He said he understood the investigation would be completed shortly.

    Over three decades Sir Martin turned WPP from a manufacturer of wire baskets to a global player in marketing which incorporated leading companies such as J Walter Thompson, Ogilvy and Mather and Burson and Marsteller.

    Knighted for his services to business in 2000,he has been one of the country’s highest paid executives with a package worth over £40 million last year.

    In an interview with the JC two years ago, he said he had “no thoughts of retirement” at the age of 71. “Age is meaningless, it's all about how you feel,” he said. “ I couldn't imagine not coming in to work on a regular basis.

     

News

CAC final preview: Hendon Utd player profiles

JC Reporter

11:07

CAC final preview: Hendon Utd player profiles
Sport news

Israeli youngsters to feature for ICA team at Giro d’Italia

JC Reporter

Yesterday, 16:48

Israeli youngsters to feature for ICA team at Giro d’Italia
News

BGT final preview: Temple Fortune - player profiles & history

JC Reporter

Yesterday, 15:56

BGT final preview: Temple Fortune - player profiles & history
News

CAC final preview: Oakwood player profiles

JC Reporter

10:54

CAC final preview: Oakwood player profiles
Sport news

Levy targets Ryder Cup place

JC Reporter

Yesterday, 16:33

Levy targets Ryder Cup place
News

BGT final preview: meet Faithfold B - player profiles

JC Reporter

Yesterday, 15:45

BGT final preview: meet Faithfold B - player profiles
Sport news

Joseph targets more medals at EMG in Budapest

JC Reporter

Yesterday, 17:58

Joseph targets more medals at EMG in Budapest
Features

Snapshot of Brixton

JC Reporter

Yesterday, 16:16

Snapshot of Brixton
The Diary

Alanis Morissette to perform in Israel this summer

JC Reporter

Yesterday, 10:17

Alanis Morissette to perform in Israel this summer