Debenhams CFO in line for bumper bonus
CFO Chris Woodhouse one of three executives set for £57.4m payout
Chris Woodehouse, the CFO of department store Debenhams, is on of three
executives set to share a £57.4m payout over the next four years.
Chief executive Rob Templeman and chief operating officer Michael Sharp are
the other executives who stand to benefit as a result of the company’s proposed
return to the London Stock Exchange, the Daily Telegraph reports.
If the group’s return to the public boards goes according to plan, Woodehouse
and his fellow executives will share in the money as part of a series of
options, loan notes and Debenhams’s long-term incentive plan.
These awards will come on top of any benefits taken from shares bought or
given at the time of Debenham’s privatisation.