New CEO of UK's Boohoo.com to get â¹480 cr if stock rises 180%
UK-based retailer Boohoo.com has promised to pay its next CEO John Lyttle Â£50 million (nearly â¹480 crore) in shares if the company's market value rises 180% in 5 years. The payout will be on top of annual salary and bonus worth up to Â£1.5 million. Lyttle, who's currently COO of retailer Primark, will take up the post in March 2019.