How many times have you read the story of a CEO leaving his (usually it's a man) post for pastures new, often in the wake of some ghastly financial disaster, and you've found yourself grinding your teeth at the size of the Golden Goodbye package? Anyone for bankers?
Well perhaps this story is about a man of conscience, of principle, sufficient to gladden the eye of cynics like me?
Southern Cross chief stands down with no severance pay - Jamie Buchan has agreed not to take a £430,000 payoff – equivalent to 12 months' salary – that he was entitled to, the care homes provider says
Let's hope that Finance director David Smith, who will also be entitled to 12 months pay, is cut from the same cloth
Well perhaps this story is about a man of conscience, of principle, sufficient to gladden the eye of cynics like me?
Southern Cross chief stands down with no severance pay - Jamie Buchan has agreed not to take a £430,000 payoff – equivalent to 12 months' salary – that he was entitled to, the care homes provider says
Let's hope that Finance director David Smith, who will also be entitled to 12 months pay, is cut from the same cloth