Cable & Wireless Worldwide: a call for more reinvention or break up?

Gavin Darby, installed this month as chief executive of Cable & Wireless Worldwide (CWW), is keen to distance himself from the financial excesses of the previous regime, which saw senior managers take £88m of cash out of the struggling business in just five years. During contract negotiations, Darby set a new tone, declining the offer of a chauffeur-driven car as part of his pay package.