Boohoo boss lands £3.3m windfall thanks to share sale
A boss at high flying online retailer Boohoo has landed a £3.3m windfall after selling thousands of shares in the firm.
Neil Catto, the chief financial officer at the Manchester firm, sold a total of 1,553,398 shares in the business for £2.15 each.
The sale of the shares meant he received £3,339,805. He has held on to a further 626,340 shares.
According to reports in the financial press Mr Catto was paid £2.9million last year – almost twice as much as the sum received by the two chief executives combined.
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