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Birmingham Post
Birmingham Post
Business
Jon Robinson

THG hints at boardroom shake up as Matthew Moulding reveals 'disappointment' at share price fall

The make up of THG's board will be a "prime focus" and the subject of "detailed scrutiny" over the coming months, the group's recently-installed chairman has said.

In the listed company's annual report, Lord Charles Allen told shareholders that bosses are "acutely aware" of the need to have a "suitably-equipped" leadership team in place to guide THG through the next "significant stage of its corporate governance journey".

He also said that "due regard" must be given to both the balance of executive directors and non-executive directors as well as the need for appropriate succession planning to be undertaken.

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