Former managing director of HVAC field controls firm Sontay, Stuart McSorley, has been jailed for three years and four months after pleading guilty to fraud.
Mr McSorley took money from the firm to spend on £3,000-a-night hotel rooms and entertain escort girls, Maidstone Crown Court heard.
The 46-year-old – who had been part of a team which took over company in a management buy-out in 2004 – pleaded guilty to two charges of fraud by abuse of position, and three charges of obtaining money transfer by deception.
Sontay said it had “noted the 40 month prison sentence and is delighted that justice has been served”.
He has also been given a three year disqualification under the Company Directors' Disqualification Act 1986.
Mr McSorley left the company in April 2008, after which new managing director Trevor Palmer was appointed.
Company chairman John Zarno said: “This [and other] changes have strengthened our position as the UK market leader in control peripherals and environmental measurement devices for the HVAC sector and I would like to pay the highest tribute to every member of our team for the way in which they have produced such an excellent result from a very difficult starting point”.