Money Site Floatto Net Corbett Pounds 500,000

Western MailJuly 17, 2007

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Summary


Former Railtrack chief and Moneysupermarket.com chairman Gerald Corbett is set for a windfall of up to pounds 500,000 after the flotation of the price comparison website.

Mr Corbett, who was brought in as non-executive chairman of Moneysupermarket.com ahead of its float later this month, will collect pounds 100,000 in fees immediately after the stock market debut followed by up to pounds 400,000 in shares in 2010.

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Money Site Floatto Net Corbett Pounds 500,000

He has also agreed to invest pounds 200,000 in Moneysupermarket.com shares.

Flintshire-based Moneys...

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