Article Highlights

Key Takeaway:

David Maitland, Cubic’s chief growth officer, is departing. Cubic hired the former CEO of Vix Technology fewer than 18 months ago.

Key Data:

• Document: Memo by Montgomery-Torrellas to CTS employees on Maitland’s departure

Organizations Mentioned:

• Cubic
• Vix Technology
• SEPTA (Philadelphia)
• TfNSW (Sydney)
• Accenture
•CRTM (Madrid)
• Indra

David Maitland, who headed business development for Cubic Transportation Systems, is out after fewer than 18 months with the struggling fare-system supplier, Mobility Payments has learned. The vendor does not plan to hire a replacement.

Cubic in internal communication (see below) is officially calling Maitland’s departure a “retirement.” But most observers believe he was essentially forced out. They believe Maitland left because

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