Speaking at the annual meeting, Maurice Lévy, the chairman of the supervisory board of Publicis Groupe and the former chief executive, praised the “exceptional dedication” of staff “under the leadership of Arthur Sadoun, who did an amazing job across the board in 2021.'

Read’s total 2021 package was worth £3.8 million, including £2.6 million in short-term bonuses. Mark Read, the chief executive of WPP since 2018, has a base salary of £1.04 million ($1.3 million) after receiving a 6.7% increase from £975,000 in June 2021, the first increase in nearly three years since he became CEO. Philippe Krakowsky, the chief executive of Interpublic since January 2021, has a basic salary of $1.5 million and earned a total 2021 package, including bonuses and share awards, of $17.4 million. However, his total 2021 package, including bonuses and share awards, was almost $20 million. Wren has earned an annual salary of $1 million for two decades since 2002. John Wren, the chairman and the chief executive of Omnicom since 1997, is the best paid of the main holding company CEOs, although he has the lowest base pay. That is particularly the case for Omnicom Group and Interpublic Group. Publicis Groupe’s total compensation for its CEO remains lower than many of its rivals, the annual report noted. The company’s annual report previously explained the rationale for increasing Sadoun’s base pay, pointing out that his salary was lagging peers and his new wage of €1.17 million remains below the median of about €1.25 million for CEOs of listed companies on the main French stock market, the CAC 40. Publicis shareholders approved the compensation plans in a vote at the annual general meeting in Paris on May 25.

Publicis Groupe reported record 2021 results and Sadoun hit almost all of his short-term bonus targets, earning €2.9 million, including €1 million in salary and €1.9 million in short-term bonus last year. He has also been granted €3.6 million worth of unvested shares that are subject to long-term performance conditions over the next three years. The French agency group has added a new “over-performance” clause to part of his short-term bonus related to organic growth and profit margin, which means that if the company smashes its targets, Sadoun could get an extra 20% for that element. That pushes the hypothetical short-term bonus opportunity to 214% of salary. Sadoun, who is also chairman of the management board, could already earn an annual, short-term bonus worth up to 200% of salary and a long-term share award worth up to 300% of salary. The boost to his base pay from €1 million a year to €1.17 million (about $1.25 million) will also increase his potential bonus and his long-term share award. Publicis Groupe has given Arthur Sadoun, chief executive, a 17% increase in his basic salary, the first rise in five years since he took the top job on June 1, 2017.

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