Feeds

Betonsports boss sacked for being arrested

Don't bet on loyalty

5 things you didn’t know about cloud backup

Betonsports chief executive David Carruthers has been sacked by the firm following his arrest in Dallas last week.

In a statement given to the London Stock Exchange (LSE), the company said his contract was terminated yesterday and he had been removed from the board of directors.

The statement explained: "This action was taken as a consequence of Mr Carruthers' continued detention by US authorities. Clearly, while he remains in the custody of the US government he is unable to perform his duties. Further, the company has been unable to speak directly with Mr Carruthers."

Betonsports also tried to distance itself from founder Gary Kaplan. In a further statement to the LSE, which avoids using Kaplan's name, the company said: "The board wish to make absolutely clear that none of the founders of the original business has any continuing role within the company....the original founder has a consulting agreement with the company under which his role is non-management related."

Referring to "media reports", that'll be Hookers and high rollers in the Mail on Sunday, the statement says the allegations refer to before the company floated.

It says: "Since the time of its public listing, the board believes the company has operated in accordance with the standard expected of a UK Plc which is publicly quoted on AIM on the London Stock Exchange."

The statement says the company is evaluating all its options and "deciding what steps will be taken next". We are promised a further statement when those decisions are made. &reg

5 things you didn’t know about cloud backup

More from The Register

next story
BBC: We're going to slip CODING into kids' TV
Pureed-carrot-in-ice cream C++ surprise
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Twitter: La la la, we have not heard of any NUDE JLaw, Upton SELFIES
If there are any on our site it is not our fault as we are not a PUBLISHER
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?