Feeds

Telecity boss directed to the exit after a decade at helm of data centre biz

Michael Tobin 'makes way for next stage of development'

Beginner's guide to SSL certificates

Telecity Group boss Michael Tobin has been hastily unseated from the CEO job he had held at the top UK data centre firm for more than a decade.

He agreed to resign after being pushed out of the company following discussions with the Telecity board.

Tobin said in a face-saving statement to the City that "the board and I agree that with the business in excellent health now is the time for me to move on to explore other important opportunities and to make way for a new CEO".

Telecity said that Tobin would stay on until the end of October to allow for an appropriate handover of the biz.

The company's chairman John Hughes said:

After [Tobin's] decade of leadership, he and the board have concluded that now is the right time for a new leadership team to take the company to the next stage.

The hunt is now on for Tobin's replacement. In the meantime, Hughes will "assume executive responsibilities", Telecity said.

Tobin will be gifted with a termination payment of more than £750,000 because he will not serve a 12-month notice period, the company said. He also gets £10,000 in legal fees and up to £45,000 "outplacement counselling and assistance" to cover his abrupt dismissal from Telecity. ®

Security for virtualized datacentres

More from The Register

next story
It's Big, it's Blue... it's simply FABLESS! IBM's chip-free future
Or why the reversal of globalisation ain't gonna 'appen
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
CAGE MATCH: Microsoft, Dell open co-located bit barns in Oz
Whole new species of XaaS spawning in the antipodes
Microsoft and Dell’s cloud in a box: Instant Azure for the data centre
A less painful way to run Microsoft’s private cloud
AWS pulls desktop-as-a-service from the PC
Support for PCoIP protocol means zero clients can run cloudy desktops
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.