Wednesday, April 8, 2015

Royal Bank of Scotland's Chairman Sacked After Sending Humorous Snapchat Messages


Like so many others, the Royal Bank of Scotland's chairman Rory Cullinan, sometimes find board meetings tiresome. And if you add Snapchat and teenage daughter to the equation, this can produce a somewhat unexpected event:


At the beginning of March, The Sun newspaper reported that Cullinan sent his 18-year-old daughter, Bridget, a series of messages from the Snapchat app, saying he was "bored" at work.


Snapchat puts a time limit on how long recipients can view and download photos, videos, or messages, but Cullinan's daughter took screengrabs on her phone and put them on the photo-sharing app Instagram.


The images were sent with captions including: "Not a fan of board meetings xx," "Boring meeting xx," and "Another friggin meeting."


[…]


Cullinan was one of the highest-paid bankers at RBS. He received £2.2 million ($3.3 million) from bonuses over the past six years and redeemed £1.2 million ($1.8 million) worth of shares. After his promotion, he also secured another £2 million ($2.9 million) salary and rewards.


He is now on his way out.


Via @kevinroose.

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