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"Unacceptable": Crossland on MyTravel
(20 February 2003)
(20 February 2003)
MYTRAVEL chairman David Crossland has described the
company's performance in 2002 as "unacceptable".
In its annual report, Crossland said difficult trading
conditions, a poor performance in the UK and accounting problems led MyTravel
to experience "the worst year in its history".
However, the report failed to reveal the pay-offs
given to former chief executive Tim Byrne and finance director David Jardine.
Despite the company's
performance, Byrne and Jardine still pocked £688,000 and £506,000 respectively.
