WPP understood to be in talks with Mark Read about £7m pay package

Mark Read could be confirmed as WPP’s new boss as soon as Tuesday.WPP is understood to be in talks with its new boss, Mark Read, about a pay package worth about £7m annually if he is able to successfully turn around the fortunes of the world’s largest marketing services agency.If the terms are agreed, Read, who could be confirmed as WPP’s chief executive as soon as Tuesday, will be in line to receive about half of what his predecessor, Sir Martin Sorrell, earned in his la