CEO pay | Schools Week

Revealed: The 50 academy trusts that cut chief executive pay

The government has named 50 academy trusts that have cut executive pay following pressure from officials. A list, sent to Schools Week under the freedom of information act, reveals the names of the trusts that have stopped paying salaries of either £100,000 to £150,000 or over £150,000. However this does not include any trusts that […]

Minister ‘at war’ over academy CEO pay defends Moynihan’s £440k salary

A minister who claims to have “declared war” on excessive executive pay in academies has ruled that the £440,000 annual salary of England’s highest-paid academy chief is “reasonable”. Lord Agnew, who is leading the Department for Education’s clampdown on largesse in academy pay, told Schools Week he had spoken to the Harris Federation about the […]

Private firm took 8% fee for superhead’s second salary

The firm that was paid £1.3 million to provide services to Perry Beeches Academy Trust took an 8 per cent management fee to pay the trust’s chief executive a second salary. Liam Nolan was banned from teaching this week over his role in the trust paying the £1.3 million to Nexus Schools without a contract […]

More academy trusts in the spotlight over executive pay

The government has issued another warning to academy trusts over executive pay, this time asking those that paid employees more than £100,000-a-year in 2016-17. The letter from Education and Skills Funding Agency boss Eileen Milner is the latest in a series of interventions by the government over largesse in academy pay. Letters went out yesterday to to all […]

CEOs at tiny academy trusts paid more than big-chain bosses

Chief executives at some small academy trusts are raking in salaries as high as those with 10 times the schools under their control. Exclusive Schools Week analysis has found 11 trusts with just two schools which nevertheless pay their leaders more than £150,000 per year. In fact, 40 per cent of the 87 multi-trusts told […]

Investigation: The ups and downs of academy CEO pay

Our annual analysis of chief executive pay in the largest academy chains once again reveals huge variations, including between men and women, and pay per pupil and school. We looked at trusts with more than 20 schools in 2016-17. Sir Dan Moynihan of the Harris federation came top of all CEOs for salary, with a […]

How much should MAT CEOs be paid?

MAT CEO pay is in the public eye again and, given how high it is, it’s right that trustees should think hard about how they work it out, writes Gillian Allcroft It is the season to scrutinise academy trusts’ accounts and, as ever, the hot topics are related-party transactions and executive pay. There are no […]

CEOs, CFOs & COOS: How MATs struggle to recruit executives

Multi-academy trusts with more than five schools increasingly need senior finance, operating and executive officers, but school leaders lack the “reference points” to recruit them, as many have never worked with such roles before. The National Governance Association’s ‘Welcome to a multi-academy trust’ guide states that larger MATs (defined as having between five and 10 […]

Why we’ll keep looking at MAT CEO pay

It’s time for our annual chief executive pay league, a story that gets people hot under the collar and frantically sharing the paper. Some people hate it. Each year a few trusts refuse to comment on individuals’ pay and over the coming months I’ll get sharp-elbowed communications officers telling me exactly what they think of […]