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Twin Jackpots

Cherries
oil on canvas
22 x 20 in
1981

Penny Machines
oil on canvas
23¾ x 29¾ in
1961

Stack of Books
oil on canvas
30 x 24 in
n.d.

Seven Suckers
oil on canvas
19 x 23 in
1970

Twin Jackpots
oil on canvas
30 x 46 in
1962

Ties
oil on canvas
20 x 26 in
1980

Cake Slices
oil on canvas
20 x 16 in
n.d.

Advisors to the Compensation Committee

The Compensation Committee regularly consults with Group executives, particularly the Group chief executive (who is not present when matters relating to his own compensation or contracts are discussed and decided), the chief talent officer and the director of compensation and benefits. The latter two individuals provide a perspective on information provided to the committee and are a conduit for requests for information and analysis from the Company’s external advisors. Advice was received from Hammonds LLP on legal, tax and governance issues relating to compensation and benefits. Hammonds LLP provides legal advice on a range of matters to the Group. During the year the committee also received advice from Towers Perrin (now Towers Watson), the Committee’s appointed compensation advisors, who did not provide any other material services to the Group.

The Compensation Committee receives advice on the following:

  • analysis of competitive compensation practices and determination of competitive positioning;
  • base salary and fee levels;
  • annual and long-term incentive plans and awards including awards made under LEAP III;
  • the policy relating to WPP share ownership by employees;
  • pensions and executive benefits;
  • changes in accounting, taxation, legal and regulatory practices; and
  • governance issues relating to compensation and the role of the Compensation Committee.

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