THG Management

Management criteria checks 2/4

THG's CEO is Matt Moulding, appointed in Jan 2019, has a tenure of 5.83 years. total yearly compensation is £29.00K, comprised of 79.3% salary and 20.7% bonuses, including company stock and options. directly owns 22.37% of the company’s shares, worth €184.42M. The average tenure of the management team and the board of directors is 1.8 years and 2.2 years respectively.

Key information

Matt Moulding

Chief executive officer

UK£29.0k

Total compensation

CEO salary percentage	79.3%
CEO tenure	5.8yrs
CEO ownership	22.4%
Management average tenure	1.8yrs
Board average tenure	2.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Matt Moulding's remuneration changed compared to THG's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-UK£237m
Mar 31 2024	n/a	n/a	-UK£242m
Dec 31 2023	UK£29k	UK£23k	-UK£248m
Sep 30 2023	n/a	n/a	-UK£408m
Jun 30 2023	n/a	n/a	-UK£567m
Mar 31 2023	n/a	n/a	-UK£553m
Dec 31 2022	UK£33k	UK£21k	-UK£540m
Sep 30 2022	n/a	n/a	-UK£351m
Jun 30 2022	n/a	n/a	-UK£162m
Mar 31 2022	n/a	n/a	-UK£150m
Dec 31 2021	UK£453k	UK£20k	-UK£138m
Sep 30 2021	n/a	n/a	-UK£352m
Jun 30 2021	n/a	n/a	-UK£567m
Mar 31 2021	n/a	n/a	-UK£550m
Dec 31 2020	UK£870m	UK£463k	-UK£533m
Dec 31 2019	UK£6m	UK£269k	-UK£44m

Compensation vs Market: Matt's total compensation ($USD37.37K) is below average for companies of similar size in the German market ($USD1.46M).

Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.

CEO

Matt Moulding (52 yo)

5.8yrs

Tenure

UK£29,000

Compensation

Mr. Matthew John Moulding, also known as Matt, serves as Chief Executive Officer of THG Plc since 2008 and also serves as its Director since June 24, 2008. He had been Executive Chairman of THG Plc (former...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Matthew Moulding	CEO & Director	5.8yrs	UK£29.00k	22.37% € 184.4m
Damian Sanders	CFO & Director	1.8yrs	UK£545.02k	0.032% € 263.4k
John Gallemore	COO & Executive Director	1.8yrs	UK£456.00k	0.045% € 369.0k
Schalk van Merwe	Chief Technology Officer	no data	no data	no data
Greg Feehely	Senior Vice President of Investor Relations	no data	no data	no data
James Pochin	General Counsel & Company Secretary	13.8yrs	UK£12.77m	no data
Matt Rothwell	Deputy Group CFO	no data	no data	no data
Viki Tahmasebi	Group Communications & Portfolio CEO	no data	UK£3.40m	no data
Tom Killeen	Chief Operating Officer of THG Ingenuity	no data	no data	no data
Melissa Labelle	Managing Director of Studios	no data	no data	no data
Mark Jones	Group Chief Sustainability Officer	1.4yrs	no data	no data
Steven Whitehead	Group Commercial Director	no data	UK£20.13m	no data

1.8yrs

Average Tenure

46.5yo

Average Age

Experienced Management: HG0's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Matthew Moulding	CEO & Director	16.4yrs	UK£29.00k	22.37% € 184.4m
Damian Sanders	CFO & Director	1.8yrs	UK£545.02k	0.032% € 263.4k
John Gallemore	COO & Executive Director	16.4yrs	UK£456.00k	0.045% € 369.0k
Edward Koopman	Non-Executive Director	8.5yrs	UK£34.00k	no data
Charles Allen	Independent Non-Executive Chair	2.7yrs	UK£397.00k	0.19% € 1.6m
Susan Mair	Senior Independent Director	1.6yrs	UK£74.00k	0.011% € 92.8k
Dean Moore	Independent Non-Executive Director	2.2yrs	UK£102.00k	no data
Gillian Dawn Kent	Independent Non-Executive Director	2.2yrs	UK£99.00k	no data
Helen Jones	Independent Non-Executive Director	1.4yrs	UK£47.00k	0.0088% € 72.5k

2.2yrs

Average Tenure

62yo

Average Age

Experienced Board: HG0's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.

THG Management

Management criteria checks 2/4

Key information

Recent management updates

Independent Non-Executive Chair recently bought €297k worth of stock

CFO & Director recently bought €231k worth of stock

THG Plc, Annual General Meeting, Jun 24, 2024

Iain Mcdonald Announces Intention to Step Down as A Non-Executive Director of THG PLC At the End of March 2024

COO & Executive Director recently bought €521k worth of stock

THG Plc Announces Board Changes

Recent updates

Independent Non-Executive Chair recently bought €297k worth of stock

First half 2024 earnings released: UK£0.08 loss per share (vs UK£0.10 loss in 1H 2023)

THG Plc to Report First Half, 2024 Results on Sep 17, 2024

Kelso Group Holdings Provides Information to Shareholders of THG Plc

CFO & Director recently bought €231k worth of stock

THG Plc, Annual General Meeting, Jun 24, 2024

Full year 2023 earnings released: UK£0.19 loss per share (vs UK£0.44 loss in FY 2022)

New major risk - Share price stability

New minor risk - Shareholder dilution

Iain Mcdonald Announces Intention to Step Down as A Non-Executive Director of THG PLC At the End of March 2024

THG Plc Reaffirms Revenue Guidance for Full Year 2023

First half 2023 earnings released: UK£0.10 loss per share (vs UK£0.09 loss in 1H 2022)

THG Plc to Report First Half, 2023 Results on Sep 14, 2023

THG Plc (LSE:THG) agreed to acquire City A.M. Ltd.

THG in Talks over Deal to Buy City AM

Management team led by Leigh Amery and is funded by Gordon Brothers acquired OnDemand Division of THG Plc (LSE:THG) for £3 million.

LCN Capital Partners, L.P. acquired Manchester Airport hangar from THG Plc (LSE:THG).

COO & Executive Director recently bought €521k worth of stock

THG Plc Announces Board Changes

THG Announces Termination of Discussions with Apollo

Full year 2022 earnings released: UK£0.44 loss per share (vs UK£0.13 loss in FY 2021)

Less than half of directors are independent

THG Plc Announces Executive Appointments

THG Plc Re-Affirms Revenue Guidance for the Fiscal 2022

THG Plc(LSE:THG) dropped from FTSE All-World Index (USD)

First half 2022 earnings released: UK£0.09 loss per share (vs UK£0.06 loss in 1H 2021)

THG PLC Announces Board Changes

THG PLC Provides Revenue Guidance for the Fiscal Year 2022

Less than half of directors are independent

Dominic Murphy Will Step Down from the Board of THG PLC

Candy Ventures Eyes THG

Belerion Capital and King Street Capital Management, L.P. cancelled the acquisition of THG Plc (LSE:THG) from Balderton Capital (UK) LLP, SoftBank Group Corp., Sofina Capital S.A., Jupiter Asset Management Limited T. Rowe Price Group, Inc. and others.

THG Plc, Annual General Meeting, Jun 10, 2022

Less than half of directors are independent

Full year 2021 earnings released: UK£0.13 loss per share (vs UK£0.66 loss in FY 2020)

THG Plc Reiterates Earning Guidance for 2022

THG Plc to Report Fiscal Year 2021 Results on Apr 21, 2022

Less than half of directors are independent

Thg plc Provides Earnings Guidance for the Full Year 2022

Less than half of directors are independent

Non-Executive Director recently bought €124k worth of stock

THG Plc (LSE:THG) has agreed to acquire Cult Beauty Ltd. from private majority shareholders investor Mark Quinn-Newall and Alexia Inge for approximately £280 million.

THG Plc (LSE:THG) entered into an agreement to acquire Bentley Laboratories Llc from Brian Fitzpatrick and The Riverside Company for approximately $260 million.

Full year 2020 earnings released: UK£0.66 loss per share (vs UK£10.94 loss in FY 2019)

Live Verdure Limited Announces Transformative Strategic Partnership with THG plc

THG plc Announces Executive Appointments

The Hut Group Selects SoftIron's for Eco-Friendly, Mission-critical Enterprise Storage

THG Holdings plc (LSE:THG) agreed to acquire DermStore, LLC from Target Corporation (NYSE:TGT) for $350 million.

THG Holdings plc Appoints Damian Sanders as an Independent Non-Executive Director, Chair of the Remuneration Committee

BWX Limited Announces Strategic Partnership with THG Holdings plc

THG Holdings plc Raises Revenue Guidance for the Financial Year 2020

THG Holdings plc Announces Partnership with Hotel Chocolat

THG Holdings plc (LSE:THG) acquired NV Perricone LLC for $60 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age