Guy East & Nigel Sinclair set to depart Intermedia
Intermedia co-chiefs Guy East and Nigel Sinclair are understood be leaving the indie powerhouse they co-founded, taking the first opportunity to cash in their shares following the company’s flotation.The two executives, who are currently negotiating their exits, could earn up to $60 million each before any deductions by selling their shares, which amount to approximately 25% of the company between them and their families. The duo agreed to a lock-up period of 18 months when ...
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