Payout for departing Waterfront executive
Stephen Izatt has left his £266,540 per year post as the head of the States of Jersey Development Company.
The announcement marks the second high-profile departure of the year. States chief executive Bill Ogley was alleged to have received £500,000 for his departure in February.
Mr Izatt is among the very top earners on the public payroll, not far behind the highest-paid who is believed to be the Bailiff, Michael Birt, on a package of between £290,000 and £310,999.