THG’s Matthew Moulding to receive £830 million pay-out as e-commerce business soars

THG’s Matthew Moulding to receive £830 million pay-out as e-commerce business soars

GlobalCosmeticsNews·2020-11-20 19:01

THE WHAT? Matthew Moulding is set to receive one of the biggest pay-outs in UK corporate history, receiving £830 million in shares as his e-commerce retail business THG hit valuation targets following its stock market flotation.  

THE DETAILS Moulding, who owns 20 percent of the British-based, global business, will also receive £750,000 annual salary, which he has pledged to donate to charity. 

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