Promethean boss quits

The chief executive of the education technology company Promethean World, floated disastrously two years ago, abruptly quit yesterday after a fresh collapse in revenues.

The chief executive Jean-Yves Charlier, who hands over to Promethean's US boss Jim Marshall in October, will not get a pay-off and does not have another job lined up.

Promethean's revenues sank 23 per cent to £83.2m in the first half as it posted a loss of £148.3m.

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