Go Pester someone else: TSB ditches CEO over bank's IT meltdown.
Paul Pester has been booted out of TSB's top office after months of criticism over his handling of the IT chaos that hit the bank this year – but is still expected to take away about £1.7m.
The CEO's departure follows another systems meltdown over the weekend, when a planned four-hour downtime ended up leaving some customers unable to access mobile, online or telephone services for almost two days.
However, non-executive chairman Richard Meddings, who is taking on the role of executive chairman to lead the hunt for the new boss, claimed the bank's IT systems were stable enough that this was the right time for Pester to leave.
Related: Watchdog Slams TSB Boss for Underplaying Extent of IT Meltdown
(Score: 5, Insightful) by cmdrklarg on Wednesday September 05 2018, @02:20PM
Wish I could be fired from my job for being a fuckup and walk away with that much severance.
The world is full of kings and queens who blind your eyes and steal your dreams.