NTL-Telewest has confirmed the departure of former CEO Simon Duffy, who has resigned from his post of executive vice chairman, and as a member of the board of directors.
Duffy was moved sideways following the merger between NTL and Telewest. He will take with him a lump sum of £1 million – the equivalent of two years’ salary – in addition he will receive shares and options worth $30 million.
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