Cordiant Chief Paid £920,000

Cordiant’s annual report reveals that Bob Seelert, the advertising group’s chief executive, was paid £920,069 in 1996, according to today’s FT . The figures also reveal that Michael Bungey, chairman of Bates, was paid £880,758 and Ed Wax, chairman of Saatchi & Saatchi, had a salary of £871,739.