He has been involved in the restructuring of some of the UK's largest companies, including HMV, Mothercare, and Debenhams.
Paul McGowan is an Irish-native businessman with a net worth of $48 million. He is the founder and CEO of Hilco UK, a turnaround specialist, and has been involved in the restructuring of some of the UK's largest companies, such as HMV, Mothercare, and Debenhams. McGowan was born in Belfast, Northern Ireland, and has since become a successful entrepreneur.
Paul McGowan is a member of CEOs
Age, Biography and Wiki
💰 Net worth: $48 Million (2024)
Ever since Hilco UK's formation in 2010 as a partnership between UK Management and the Hilco Group in the US, McGowan has been actively involved in the company's deals and administrations including Allders, Littlewoods, Borders, Woolworths, Allied Carpets, as well as more recently Habitat and HMV Canada. Actually, this former accountant was the chief architect of Hilco's acquisitions, most notably the Borders bookshop chain and Allied Carpets. The London-based company also holds offices in Ireland, Germany, Spain and South Africa. As a 20% shareholder in Hilco UK, Paul McGowan saw a rise in his net worth after Hilco's profits jumped 82% to £16.9 million in 2009 with turnover up 96% to £95.8 million.
