ISME terminates Mulcahy contract

The small firms lobby group ISME said last night it was terminating the contract of its former chief executive, Mr Frank Mulcahy…

The small firms lobby group ISME said last night it was terminating the contract of its former chief executive, Mr Frank Mulcahy. The move comes as part of a long-running row within the organisation, replete with claims and counter-claims from different factions.

The organisation's chairman, Mr Seamus Butler, said the contract ISME signed with Mr Mulcahy last November included a six-month probation period, during which either side could give four months notice. ISME had given Mr Mulcahy such notice, Mr Butler said.

"I would emphasise that this is not a dismissal," Mr Butler added.

Mr Mulcahy said last night he had been advised not to discuss the issues surrounding his contract in public.

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A meeting of ISME's board held yesterday heard a progress report from director Mr Robert Berney on drawing up a new constitution and rules for the organisation. The changes are scheduled to be in place in advance of the national conference in Waterford this November.