Ivan Martin, the former head of the Misys banking software division, walked away from the company last year with a near £1m pay-off, reports the Independent .
Martin's contract was terminated at the end of last year after a disastrous profits warning at the banking division. According to the software company's annual report, published yesterday, he could be eligible for more than 1 million shares awarded to him under long-term incentive plans if performance targets are met. The Independent says the company declined to say whether these options would vest if Misys were to be taken over, as is expected. THE CONSERVATIVES are considering plans to cut a tax on the profits of small businesses to boost inward investment, particularly from Indi...
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