Dr. Martens boss to net estimated £58m from float

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Chief executive of Dr. Martens will net an estimated £58m from its blockbuster stock market listing

By Daily Mail City & Finance Reporter

Published: | Updated:

The chief executive of Dr. Martens will net an estimated £58m from its blockbuster stock market listing launched today. 

Kenny Wilson only joined from Cath Kidston in 2018 but will share in the windfall thanks to the boot-maker’s £3.5billion valuation. 

Payout: Kenny Wilson (above left) only joined from Cath Kidston in 2018 but will share in the windfall thanks to the boot-maker’s £3.5billion valuation

The brand, which traces its roots back to 1901, has become popular with fashionistas such as Rita Ora. 

The firm has flourished under private equity firm Permira, which bought it in 2013 and multiplied sales six-fold to £672m. 

It will publish its prospectus today before next month’s share sale. 

The valuation would hand £350m to 22 senior staff including chairman Paul Mason, the Sunday Times reported. 

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