Questions For Nominet About Russell Haworth’s £300,000 Payout and the Secret Side Letter the Nominet Directors Signed 2 Days Before he Resigned
Two days before Russell Haworth resigned with a payout of around £300,000, Nominet gave up the right to remove him without pay if he was removed at the EGM.
I can’t see how the directors were acting in the company’s best interests giving up such a powerful right just before it could have protected Nominet in any settlement negotiations with Haworth.
I mentioned at this week’s hustings that I had raised this with Andy Green. I wrote to him and asked that he starts an independent investigation into why this was done. He has not replied. The members urgently deserve an explanation for this behaviour.
If I am elected to the board, I will start the investigation myself. Voting closes on Monday. Please vote for me and I will have this looked into without delay.
Attached are my letter to the Chair, a copy of Haworth’s contract and a copy of the secret side letter signed by Rob Binns and Stephen Page on behalf of the board.