Smooth removal of troublesome sales director
Our client, a regional telecoms company, lost confidence in their sales director. He was a key senior executive and owned shares in the business. Unfortunately, as well as underperforming, he was causing disruption to our client’s business and was unsettling staff. Our client needed to act quickly to resolve the situation. We helped them plan and agree a swift exit strategy and after discussing the terms of the severance package, we drafted all the necessary documentation, including the compromise agreement and a suite of ancillary documents relating to the purchase of the employee’s shares. Our client and the sales director were able to agree the exit terms quickly, minimising disruption and the impact of his departure on other employees.