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WPP chair given lifeline by City advisory group

Jun 01, 2018 - City A.M.

WPP CHAIRMAN Roberto Quarta has been thrown a lifeline as one of the City's most influential advisory groups told shareholders to vote in favour of reinstating him.

Institutional Shareholder Services (ISS) said that support for Quarta was "warranted", despite some concerns around transparency after WPP failed to disclose the findings of an internal investigation into alleged financial misconduct on the part of former chief exec Martin Sorrell.

"It appears that WPP has adequately resp...