Article 71S23 Debenhams boss could receive almost £150m if he turns around struggling retailer

Debenhams boss could receive almost £150m if he turns around struggling retailer

by
Sarah Butler
from World news | The Guardian on (#71S23)

Incentive scheme for CEO of fashion group, which also includes Boohoo, comes as sales slump 23%

The boss of Boohoo and Debenhams could collect almost 150m in shares if he significantly boosts the value of the struggling fashion group, which is battling to turnaround sliding sales.

Debenhams Group said on Thursday that Dan Finley, the chief executive, is in line to receive 148.1m in stock in three years' time, as part of an incentive scheme for top bosses worth more than 200m.

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