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Co-founder Gains to leave Mint

Mint Financial Services chief executive officer and co-founder Paul Gains is to leave the net- work next year.

Gains has been on garden- ing leave since November and his employment will terminate in February 2011.

In an email to Mint employees and advisers from chairman George Higginson on Tuesday, seen by Money Marketing, Higginson says: “We took the decision to terminate his employment after various discussions between the Mint board of directors. We decided it was in the best interests of the business for Paul’s employment to terminate on the expiry of his current contract in February 2011 and in the meantime he will remain on gardening leave.”

Higginson has been appointed executive chairman, and operations director Steve Atwell will continue to manage Mint and be the main point of contact.

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