June 12, 2018 / 8:31 AM / in 8 days

Hermes EOS advises WPP investor to back chair, but not pay report at AGM

LONDON, June 12 (Reuters) - Shareholder vote adviser Hermes EOS on Tuesday recommended investors back the re-election of WPP chairman Roberto Quarta at the company’s annual meeting, but not the pay report.

Hermes said the lack of confirmed information about the departure of ex-chief executive Martin Sorrell meant it was unable to assess whether the terms of his severance package were appropriate.

Reporting by Simon Jessop; editing by Carolyn Cohn

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