Tim Whiston Diary of a Good Leaver
It subsequently emerged in iSofts annual report for the year to April 2006, that Whiston had been classified as a good leaver i.e. a person who was forced out of the company for reasons beyond his control.
His pay-off totalled nearly £700, 000, consisting of £552,000 in 12 months basic salary and pension contributions. He also received a £133,000 cash payment to settle deferred bonus shares.
Here Finance Week examines Whistons history at the company and the events that led up to his sudden departure four months ago.
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