Richard Woolnough Explained
Richard Woolnough (born 1964) is a fund manager with M&G in the United Kingdom who in 2014 was the highest paid person in Prudential plc, M&G's former parent company, earning at least £15.3 million in pay and bonuses, compared to the £11.8 million earned by the chief executive Tidjane Thiam that year.[1] Woolnough was paid £17.5 million in 2013.[2]
Woolnough was born in Chesterfield[2] and educated at the London School of Economics.[3] Before starting at M&G, Woolnough worked for Lloyds Merchant Bank, the Italian insurer Assicurazioni Generali, Old Mutual and SG Warburg.[4] Woolnough runs four funds[5] at the investment manager M&G, which was demerged from Prudential plc in 2019.[6]
External links
Notes and References
- "Man from the Pru in the money ...but not as much as fund chief who works for him", Miles Costello, The Times, 1 April 2015, p. 47.
- https://www.theguardian.com/business/2014/apr/03/prudential-mystery-fund-manager-paid-17m-revealed "Prudential's mystery fund manager paid £17.5m revealed"
- Web site: Richard Woolnough | Fund Manager Fact Sheet | M&G | Citywire. citywire.co.uk. 2 April 2015.
- http://news.sky.com/story/1456106/m-and-g-fund-manager-scoops-15m-plus-pay-deal "M&G Fund Manager Scoops £15m-Plus Pay Deal"
- Web site: Richard Woolnough . Citywire . 2021-11-21.
- Web site: M&G makes debut as Prudential demerger completed . 21 October 2019 . 2021-11-21.
