THG activist shareholder group boss joins Boohoo board

Online fashion retailer Boohoo has appointed John Goold, chief executive of Kelso Group Holdings which had recently increased its stake in THG, as a non-executive director.

He will act as Chairman of its Audit Committee and will also be a member of its Nomination, Remuneration and Risk committees.

Goold qualified as a chartered accountant in 1996, advising public companies for over 25 years. He served as chief executive of Zeus Capital after co-founding Arden Partners.

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“John has deep operational and advisory experience at Board level gained over an extensive career that has seen him found, run and support businesses across a variety of sectors,” said Mahmud Kamani, Group Executive Chairman.

“He is held in very high regard throughout the public markets and we look forward to benefiting from his insight and rigour both as a Non-Executive Director and as Chairman of the Audit Committee. John will strengthen the Board and be a great asset. With a well-balanced and high-quality set of Executive and Non-Executive Directors we are in a strong position as we set about achieving our ambition to be the global fashion leader.”

Goold has no shares in Boohoo.

Kelso Group had increased its stake in THG as it saw “significant intrinsic value” of Myprotein, which could make the nutrition business a potential takeover target.



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