New Frasers CEO receives £21m up front

frasers

On May 1, Michael Murray, 32, accepted not only the reins of Frasers Group, becoming its new CEO, but also an up-front cash payment of about £21 million (€25m). The sum stems from Frasers’ deal with Murray’s firm, MM Prop Consultancy, which is entitled to as much as a quarter ...

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